A Model Of rivalries with endogenous prize and strength
Zijun Luo and
Authors registered in the RePEc Author Service: 罗子俊
Journal of Economic Behavior & Organization, 2018, vol. 152, issue C, 215-223
This paper extends Beviá and Corchón (2013) to a model with both endogenous contestable prize and endogenous relative strength. Such a setting is ideal for the study of intra-organizational rivalries, commonly observed in family, sports, promotion, and duopoly. We find that when the game starts with asymmetric players, the weaker player exerts more effort than the stronger player. As a result, the weaker player partially overcomes the disadvantage of being weak. In this setting, neither domino nor avalanche effect exists.
Keywords: Contest; Endogenous prize; Endogenous strength; Domino effect; Avalanche effect (search for similar items in EconPapers)
JEL-codes: C72 D72 D74 (search for similar items in EconPapers)
References: View references in EconPapers View complete reference list from CitEc
Citations: Track citations by RSS feed
Downloads: (external link)
Full text for ScienceDirect subscribers only
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
Persistent link: https://EconPapers.repec.org/RePEc:eee:jeborg:v:152:y:2018:i:c:p:215-223
Access Statistics for this article
Journal of Economic Behavior & Organization is currently edited by Houser, D. and Puzzello, D.
More articles in Journal of Economic Behavior & Organization from Elsevier
Bibliographic data for series maintained by Dana Niculescu ().