Equilibrium existence in group contests

Philip Brookins and Dmitry Ryvkin

No wp2014_12_02, Working Papers from Department of Economics, Florida State University

Abstract: We prove the existence of pure strategy Bayesian equilibria in group contests under individual-level and group-level private information. For the latter type, we develop a novel approach reducing group contests to contests between individuals with multi-dimensional types, with far-reaching implications for the existence of equilibrium in various group contest settings, including the case of complete information.

Keywords: contest; group; incomplete information; reduction (search for similar items in EconPapers)
JEL-codes: C02 C72 D72 (search for similar items in EconPapers)
Pages: 15
Date: 2014-12
New Economics Papers: this item is included in nep-cdm and nep-gth
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Citations: View citations in EconPapers (1)

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Journal Article: Equilibrium existence in group contests (2016)
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