Tullock contests reward information advantages

Aiche, Avisshay; Shitovitz, Benyamin; Einy ., Ezra; Haimanko , Ori; Sale, Aner; Moreno, Diego

Tullock contests reward information advantages

Author(s): Aiche, Avisshay; Shitovitz, Benyamin; Einy ., Ezra; Haimanko , Ori; Sale, Aner; Moreno, Diego

Publisher: Elsevier

Issued date: 2018-11-01

Citation: Aiche, A., Einy, E., Haimanko, O., Moreno, D., Sela, A., & Shitovitz, B. (2018). Tullock contests reward information advantages. Economics Letters, 172, pp. 34-36.

ISSN: 0165-1765

DOI: https://doi.org/10.1016/j.econlet.2018.08.017

xmlui.dri2xhtml.METS-1.0.item-contributor-funder: Ministerio de Asuntos Económicos y Transformación Digital (España)
Comunidad de Madrid

Sponsor: Acknowledgments of financial support. Einy: Israel Science Foundation, Israel, grant 648/2. Moreno: Ministerio Economía (Spain), grants ECO2014-55953-P and MDM2014-0431, and Comunidad de Madrid, Spain , grant S2015/HUM-3444.

Project: Gobierno de España. ECO2014-55953-P
Comunidad de Madrid. S2015/HUM-3444
Gobierno de España. MDM2014-0431

Keywords: Tullock contests , Common value , Information advantage

JEL Classification: C72 , D44 , D82

URI: http://hdl.handle.net/10016/34845

Rights: © 2018 Elsevier B.V. All rights reserved.
Atribución-NoComercial-SinDerivadas 3.0 España

Abstract:

In Tullock contests in which the common value of the prize is uncertain, information advantages are rewarded: if a player i has better information about the value than some other player j, then the payoff of i is greater or equal to the payoff of j, regardless [+]

Show full item record