On a class of contest success functions

Jia, Hao 2010, On a class of contest success functions, B.E. journal of theoretical economics, vol. 10, no. 1, pp. 1-12.

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Title On a class of contest success functions
Author(s) Jia, Hao
Journal name B.E. journal of theoretical economics
Volume number 10
Issue number 1
Start page 1
End page 12
Total pages 13
Publisher Berkeley Electronic Press
Place of publication Berkeley, Calif.
Publication date 2010-07-29
ISSN 1534-5963
1534-5955
Keyword(s) contest success functions
Luce's Choice Axiom
partial differential equation
Summary In this article, I analyze a class of contest success functions (CSFs) that satisfy Luce's Choice Axiom. I show that the functional forms of these CSFs can be fully identified if they are characterized by a partial differential equation (PDE), which has several intuitive economic interpretations. This POE approach provides foundations for popular CSFs and their generalizations.
Language eng
Field of Research 140104 Microeconomic Theory
Socio Economic Objective 910203 Industrial Organisations
HERDC Research category C1 Refereed article in a scholarly journal
HERDC collection year 2010
Copyright notice ©2010, The Berkeley Electronic Press. All rights reserved.
Persistent URL http://hdl.handle.net/10536/DRO/DU:30030383

Document type: Journal Article
Collections: Faculty of Business and Law
School of Accounting, Economics and Finance
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