Tullock contests reward information advantages Articles uri icon

authors

  • Aiche, Avisshay
  • SHITOVITZ, BENYAMIN
  • EINY, EZRA
  • HAIMANKO ., ORI
  • Sale, Aner
  • MORENO RUIZ, DIEGO

publication date

  • November 2018

start page

  • 34

end page

  • 36

volume

  • 172

International Standard Serial Number (ISSN)

  • 0165-1765

Electronic International Standard Serial Number (EISSN)

  • 1873-7374

abstract

  • In Tullock contests in which the common value of the prize is uncertain, information advantages are rewarded: if a player i has better information about the value than some other player j, then the payoff of i is greater or equal to the payoff of j, regardless of the information of the other players. (C) 2018 Elsevier B.V. All rights reserved.

subjects

  • Economics

keywords

  • tullock contests; common value; information advantage