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Contribution Details

Type Working Paper
Scope Discipline-based scholarship
Title Contest success function with the possibility of a draw: axiomatization
Organization Unit
Authors
  • Pavlo R Blavatskyy
Language
  • English
Institution University of Zurich
Series Name Working paper series / Institute for Empirical Research in Economics
Number No. 208
ISSN 1424-0459
Date 2004
Abstract Text In imperfectly discriminating contests the contestants contribute effort to win a prize but the highest contributed effort does not necessarily secure a win. The contest success function (CSF) is the technology that translates an individual's effort into his or her probability of winning. This paper provides an axiomatization of CSF when there is the possibility of a draw (the sum of winning probabilities across all contestants is non-additive).
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