An axiomatization of difference-form contest success functions

This paper presents an axiomatic characterization of difference-form contests, that is, contests where agents' probability of victory depends on the difference of their effective efforts. This axiomatization rests on a pairwise comparison axiom that relates the winning probabilities of any pair...

Descripción completa

Detalles Bibliográficos
Autores: Cubel, Maria, Sánchez-Pagés, Santiago
Tipo de recurso: artículo
Estado:Versión aceptada para publicación
Fecha de publicación:2016
País:España
Institución:Universidad de Barcelona
Repositorio:Dipòsit Digital de la UB
OAI Identifier:oai:diposit.ub.edu:2445/108488
Acceso en línea:https://hdl.handle.net/2445/108488
Access Level:acceso abierto
Palabra clave:Axioma d'elecció
Concursos
Funcions
Axiom of choice
Contests
Functions
id ES_c21dc2b33d0b99e29f53ef4fc9a136dc
oai_identifier_str oai:diposit.ub.edu:2445/108488
network_acronym_str ES
network_name_str España
repository_id_str
spelling An axiomatization of difference-form contest success functionsCubel, MariaSánchez-Pagés, SantiagoAxioma d'eleccióConcursosFuncionsAxiom of choiceContestsFunctionsThis paper presents an axiomatic characterization of difference-form contests, that is, contests where agents' probability of victory depends on the difference of their effective efforts. This axiomatization rests on a pairwise comparison axiom that relates the winning probabilities of any pair of participants to their winning probabilities in a contest between the two of them. The resulting difference-form contest success function overcomes some of the drawbacks of the widely-used ratio-form. Contrary to other difference-form functions, the family we charaterize here can be scale invariant and have a positive elasticity of augmentation. By clarifying the properties of this family of contest success functions, this axiomatization can help researchers to find the functional form better suited to their application of interest.Elsevier B.V.2016info:eu-repo/semantics/articleinfo:eu-repo/semantics/acceptedVersionapplication/pdfhttps://hdl.handle.net/2445/108488Articles publicats en revistes (Economia)reponame:Dipòsit Digital de la UBinstname:Universidad de BarcelonaInglésVersió postprint del document publicat a: https://doi.org/10.1016/j.jebo.2016.08.011Journal of Economic Behavior & Organization, 2016, vol. 131, num. Part A, p. 92-105https://doi.org/10.1016/j.jebo.2016.08.011cc-by-nc-nd (c) Elsevier B.V., 2016http://creativecommons.org/licenses/by-nc-nd/3.0/esinfo:eu-repo/semantics/openAccessoai:diposit.ub.edu:2445/1084882026-05-27T06:46:51Z
dc.title.none.fl_str_mv An axiomatization of difference-form contest success functions
title An axiomatization of difference-form contest success functions
spellingShingle An axiomatization of difference-form contest success functions
Cubel, Maria
Axioma d'elecció
Concursos
Funcions
Axiom of choice
Contests
Functions
title_short An axiomatization of difference-form contest success functions
title_full An axiomatization of difference-form contest success functions
title_fullStr An axiomatization of difference-form contest success functions
title_full_unstemmed An axiomatization of difference-form contest success functions
title_sort An axiomatization of difference-form contest success functions
dc.creator.none.fl_str_mv Cubel, Maria
Sánchez-Pagés, Santiago
author Cubel, Maria
author_facet Cubel, Maria
Sánchez-Pagés, Santiago
author_role author
author2 Sánchez-Pagés, Santiago
author2_role author
dc.subject.none.fl_str_mv Axioma d'elecció
Concursos
Funcions
Axiom of choice
Contests
Functions
topic Axioma d'elecció
Concursos
Funcions
Axiom of choice
Contests
Functions
description This paper presents an axiomatic characterization of difference-form contests, that is, contests where agents' probability of victory depends on the difference of their effective efforts. This axiomatization rests on a pairwise comparison axiom that relates the winning probabilities of any pair of participants to their winning probabilities in a contest between the two of them. The resulting difference-form contest success function overcomes some of the drawbacks of the widely-used ratio-form. Contrary to other difference-form functions, the family we charaterize here can be scale invariant and have a positive elasticity of augmentation. By clarifying the properties of this family of contest success functions, this axiomatization can help researchers to find the functional form better suited to their application of interest.
publishDate 2016
dc.date.none.fl_str_mv 2016
dc.type.none.fl_str_mv info:eu-repo/semantics/article
info:eu-repo/semantics/acceptedVersion
format article
status_str acceptedVersion
dc.identifier.none.fl_str_mv https://hdl.handle.net/2445/108488
url https://hdl.handle.net/2445/108488
dc.language.none.fl_str_mv Inglés
language_invalid_str_mv Inglés
dc.relation.none.fl_str_mv Versió postprint del document publicat a: https://doi.org/10.1016/j.jebo.2016.08.011
Journal of Economic Behavior & Organization, 2016, vol. 131, num. Part A, p. 92-105
https://doi.org/10.1016/j.jebo.2016.08.011
dc.rights.none.fl_str_mv cc-by-nc-nd (c) Elsevier B.V., 2016
http://creativecommons.org/licenses/by-nc-nd/3.0/es
info:eu-repo/semantics/openAccess
rights_invalid_str_mv cc-by-nc-nd (c) Elsevier B.V., 2016
http://creativecommons.org/licenses/by-nc-nd/3.0/es
eu_rights_str_mv openAccess
dc.format.none.fl_str_mv application/pdf
dc.publisher.none.fl_str_mv Elsevier B.V.
publisher.none.fl_str_mv Elsevier B.V.
dc.source.none.fl_str_mv Articles publicats en revistes (Economia)
reponame:Dipòsit Digital de la UB
instname:Universidad de Barcelona
instname_str Universidad de Barcelona
reponame_str Dipòsit Digital de la UB
collection Dipòsit Digital de la UB
repository.name.fl_str_mv
repository.mail.fl_str_mv
_version_ 1869418637685686273
score 15.300719

Similares en LA Referencia