A stochastic derivation of the ratio form of contest success functions

Jia, Hao 2008, A stochastic derivation of the ratio form of contest success functions, Public choice, vol. 135, no. 3-4, pp. 125-130.

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Title A stochastic derivation of the ratio form of contest success functions
Author(s) Jia, Hao
Journal name Public choice
Volume number 135
Issue number 3-4
Start page 125
End page 130
Total pages 6
Publisher Springer New York LLC
Place of publication New York, N.Y.
Publication date 2008-06
ISSN 0048-5829
1573-7101
Keyword(s) contest success functions
inverse exponential distribution
Summary This note provides a distribution-based justification for the ratio form of contest success functions (CSFs), in which a player’s success depends positively on her effort relative to that of her opponents. I show that the inverse exponential distribution of the random shocks yields the ratio form. Extending this approach to asymmetric contests, I also derive an asymmetric ratio form of CSFs.
Language eng
Field of Research 150311 Organisational Behaviour
HERDC Research category C1.1 Refereed article in a scholarly journal
Copyright notice ©2007, Springer Science+Business Media, LLC
Persistent URL http://hdl.handle.net/10536/DRO/DU:30024386

Document type: Journal Article
Collection: School of Accounting, Economics and Finance
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