Equivalent Modes of Reimbursement in Augmented Contests

Chen Cohen; Roy Darioshi; Shmuel Nitzan

doi:10.3390/g14020031

Equivalent Modes of Reimbursement in Augmented Contests

Chen Cohen, Roy Darioshi, Shmuel Nitzan

Department of Public Policy and Management

Research output: Contribution to journal › Article › peer-review

Abstract

This article presents an equivalence theorem in the context of Tullock’s augmented lottery contest with external or internal cost reimbursement. Three alternative modes of reimbursement are studied. The equivalence implies that, even though the augmented contest is vulnerable to framing biases, it is strategically neutral.

Original language	English
Article number	31
Journal	Games
Volume	14
Issue number	2
DOIs	https://doi.org/10.3390/g14020031
State	Published - 1 Apr 2023

Keywords

Equivalent Modes
Tullock
contest
reimbursement

ASJC Scopus subject areas

Statistics and Probability
Statistics, Probability and Uncertainty
Applied Mathematics

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10.3390/g14020031

Cite this

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abstract = "This article presents an equivalence theorem in the context of Tullock{\textquoteright}s augmented lottery contest with external or internal cost reimbursement. Three alternative modes of reimbursement are studied. The equivalence implies that, even though the augmented contest is vulnerable to framing biases, it is strategically neutral.",

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Equivalent Modes of Reimbursement in Augmented Contests

Abstract

Keywords

ASJC Scopus subject areas

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