{"title":"竞赛性质:从最佳对策构造竞赛成功函数","authors":"Luis C. Corchón, Marco Serena","doi":"10.3934/jdg.2022001","DOIUrl":null,"url":null,"abstract":"We aim at characterizing the functions that could be explained (recoverable) as a best reply of payoff-maximizing players in contests for a fixed prize. We show that recoverability strongly differs between Decisive Contests, where the prize is allocated with certainty, and Possibly Indecisive Contests, where the prize might not be awarded. In the latter, any arbitrary set of best reply functions is recoverable, thus \"anything goes.\" In the former, best reply functions have to satisfy strong conditions in some cases. We provide an outline of possible applications of our results to R & D and labor markets.","PeriodicalId":42722,"journal":{"name":"Journal of Dynamics and Games","volume":"1 1","pages":""},"PeriodicalIF":1.1000,"publicationDate":"2022-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":"0","resultStr":"{\"title\":\"Properties of contests: Constructing contest success functions from best-responses\",\"authors\":\"Luis C. Corchón, Marco Serena\",\"doi\":\"10.3934/jdg.2022001\",\"DOIUrl\":null,\"url\":null,\"abstract\":\"We aim at characterizing the functions that could be explained (recoverable) as a best reply of payoff-maximizing players in contests for a fixed prize. We show that recoverability strongly differs between Decisive Contests, where the prize is allocated with certainty, and Possibly Indecisive Contests, where the prize might not be awarded. In the latter, any arbitrary set of best reply functions is recoverable, thus \\\"anything goes.\\\" In the former, best reply functions have to satisfy strong conditions in some cases. We provide an outline of possible applications of our results to R & D and labor markets.\",\"PeriodicalId\":42722,\"journal\":{\"name\":\"Journal of Dynamics and Games\",\"volume\":\"1 1\",\"pages\":\"\"},\"PeriodicalIF\":1.1000,\"publicationDate\":\"2022-01-01\",\"publicationTypes\":\"Journal Article\",\"fieldsOfStudy\":null,\"isOpenAccess\":false,\"openAccessPdf\":\"\",\"citationCount\":\"0\",\"resultStr\":null,\"platform\":\"Semanticscholar\",\"paperid\":null,\"PeriodicalName\":\"Journal of Dynamics and Games\",\"FirstCategoryId\":\"1085\",\"ListUrlMain\":\"https://doi.org/10.3934/jdg.2022001\",\"RegionNum\":0,\"RegionCategory\":null,\"ArticlePicture\":[],\"TitleCN\":null,\"AbstractTextCN\":null,\"PMCID\":null,\"EPubDate\":\"\",\"PubModel\":\"\",\"JCR\":\"Q3\",\"JCRName\":\"MATHEMATICS, INTERDISCIPLINARY APPLICATIONS\",\"Score\":null,\"Total\":0}","platform":"Semanticscholar","paperid":null,"PeriodicalName":"Journal of Dynamics and Games","FirstCategoryId":"1085","ListUrlMain":"https://doi.org/10.3934/jdg.2022001","RegionNum":0,"RegionCategory":null,"ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"Q3","JCRName":"MATHEMATICS, INTERDISCIPLINARY APPLICATIONS","Score":null,"Total":0}
Properties of contests: Constructing contest success functions from best-responses
We aim at characterizing the functions that could be explained (recoverable) as a best reply of payoff-maximizing players in contests for a fixed prize. We show that recoverability strongly differs between Decisive Contests, where the prize is allocated with certainty, and Possibly Indecisive Contests, where the prize might not be awarded. In the latter, any arbitrary set of best reply functions is recoverable, thus "anything goes." In the former, best reply functions have to satisfy strong conditions in some cases. We provide an outline of possible applications of our results to R & D and labor markets.
期刊介绍:
The Journal of Dynamics and Games (JDG) is a pure and applied mathematical journal that publishes high quality peer-review and expository papers in all research areas of expertise of its editors. The main focus of JDG is in the interface of Dynamical Systems and Game Theory.