Multiple equilibria in Tullock contests

Subhashish Chowdhury and Roman Sheremeta
Additional contact information
Subhashish Chowdhury: School of Economics and CBESS, University of East Anglia

No 10-12, Working Paper series, University of East Anglia, Centre for Behavioural and Experimental Social Science (CBESS) from School of Economics, University of East Anglia, Norwich, UK.

Abstract: We find the sufficient conditions for the existence of multiple equilibria in Tullock-type contests and show that asymmetric equilibria may arise even under symmetric prize and cost structures. We also identify contests in the literature where multiple equilibria exist under reasonably weak conditions.

Keywords: rent-seeking; contest; asymmetric equilibrium; multiple equilibria (search for similar items in EconPapers)
JEL-codes: C62 C72 D72 D74 (search for similar items in EconPapers)
Date: 2010-09-01
References: View references in EconPapers View complete reference list from CitEc
Citations:

Downloads: (external link)
https://ueaeco.github.io/working-papers/papers/cbess/UEA-CBESS-10-12.pdf main text (application/pdf)

Related works:
Journal Article: Multiple equilibria in Tullock contests (2011)
Working Paper: Multiple Equilibria in Tullock Contests (2011)
Working Paper: Multiple Equilibria in Tullock Contests (2010)
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:uea:wcbess:10-12

Ordering information: This working paper can be ordered from
Reception, School of Economics, University of East Anglia, Norwich Research Park, Norwich, NR4 7TJ, UK

Access Statistics for this paper

More papers in Working Paper series, University of East Anglia, Centre for Behavioural and Experimental Social Science (CBESS) from School of Economics, University of East Anglia, Norwich, UK. Contact information at EDIRC.
Bibliographic data for series maintained by Cara Liggins ().