Equivalent Modes of Reimbursement in Augmented Contests
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 i...
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| Principais autores: | , , |
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| Format: | Artigo |
| Sprog: | Inglês |
| Udgivet: |
MDPI AG
2023-03-01
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| Serier: | Games |
| Fag: | |
| Online adgang: | https://www.mdpi.com/2073-4336/14/2/31 |
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