A note on Bayesian Nash equilibria in imperfectly discriminating contests

Cédric Wasser

Mathematical Social Sciences, 2013, vol. 66, issue 2, 180-182

Abstract: The literature on imperfectly discriminating contests has almost exclusively focused on complete information. We study such contests assuming players have private information. We identify a general class of imperfectly discriminating contests for which findings by Athey (2001) imply the existence of a Bayesian Nash equilibrium in monotone pure strategies. The main assumptions are that a player’s valuation of winning is increasing in the signal he observes and that a player’s probability of winning is continuous in the efforts of all players as well as increasing in his own effort.

Date: 2013
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Citations: View citations in EconPapers (20)

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Persistent link: https://EconPapers.repec.org/RePEc:eee:matsoc:v:66:y:2013:i:2:p:180-182

DOI: 10.1016/j.mathsocsci.2013.03.001

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