Not logged in.
Quick Search - Contribution
Contribution Details
| Type | Working Paper |
| Scope | Discipline-based scholarship |
| Title | A "fractal" solution to the chopstick auction |
| Organization Unit | |
| Authors |
|
| Language |
|
| Institution | University of Zurich |
| Series Name | Working paper series / Department of Economics |
| Number | 229 |
| ISSN | 1664-7041 |
| Number of Pages | 22 |
| Date | 2017 |
| Abstract Text | This paper constructs a novel equilibrium in the chopstick auction of Szentes and Rosenthal (Games and Economic Behavior, 2003a, 2003b). In contrast to the existing solution, the identified equilibrium strategy allows a simple and intuitive characterization. Moreover, its best-response set has the same Hausdorff dimension as its support, which may be seen as a robustness property. The analysis also reveals some new links to the literature on Blotto games. |
| Official URL | http://www.econ.uzh.ch/static/wp/econwp229.pdf |
| Related URLs | |
| PDF File |
Download from ZORA
|
| Export |
BibTeX
EP3 XML (ZORA)
|
| Keywords | Chopstick auction, exposure problem, self-similarity, Blotto games, Auktion, Gleichgewichtsmodell, kooperatives Verhalten |
| Additional Information | Revised version |