A simple dynamic contest with a parameterized strength of competition

• Autores: José A. García Martínez
• Localización: SERIEs : Journal of the Spanish Economic Association, ISSN 1869-4195, Vol. 9, Nº. 3, 2018, págs. 305-332
• Idioma: inglés
• Enlaces
  • Texto completo
• Resumen

  • This paper analyzes the effect of competition in a dynamic contest in which agents of two types (A and B) differ in their expected performances; environments where type A outperforms type B are more frequent than those where B outperforms A. In each period, the population of agents is randomly matched in groups of n members (each group faces a particular environment), with the top k