Equilibrium existence in Tullock contests with incomplete information Articles uri icon

publication date

  • December 2015

start page

  • 241

end page

  • 245

volume

  • 61

International Standard Serial Number (ISSN)

  • 0304-4068

Electronic International Standard Serial Number (EISSN)

  • 1873-1538

abstract

  • We prove an existence theorem for pure strategy Bayesian Nash equilibrium in Tullock contests where the information endowment of each contender is described by a countable partition. (C) 2015 Elsevier B.V. All rights reserved.

keywords

  • equilibrium existence; incomplete information; tullock contests; rent seeking contests; asymmetric information; success functions; games; pure