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Equilibrium in the Symmetric Hirshleifer Contest

其他書名	Uniqueness and Characterization
出版	SSRN, 2018
URL	http://books.google.com.hk/books?id=AVoBzwEACAAJ&hl=&source=gbs_api

註釋The symmetric two-player Hirshleifer (1989) contest is shown to admit a unique equilibrium. The support of the equilibrium strategy is finite and includes, in particular, the zero expenditure level. We also establish a lower bound for the cardinality of the support and an upper bound for the undissipated rent.