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Persuasion as a contest

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posted on 2008-01-01, 00:00 authored by S Skaperdas, Samarth VaidyaSamarth Vaidya
We examine how the probability of persuading an audience depends on resources expended by contending parties. We use a Bayesian approach whereby the audience makes inferences solely based on the evidence produced by the constants. We find conditions that yield the well-known additive contest success functions, including the logit function. We also find conditions that produce a generalized "difference" functional form. In all cases, there are three main determinants of audience choice: (i) the truth and other objective parameters of the environment; (ii) the biases of the audience; and (iii) the resources expended by the interested parties.

History

Pagination

1-31

Language

eng

Publication classification

CN.1 Other journal article

Copyright notice

2008, The Authors

Publisher

Deakin University, School of Accounting, Economics and Finance

Place of publication

Geelong, Vic.

Series

School Working Paper - Economics Series ; 2008/07

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