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Contest success function with the possibility of a draw: Axiomatization
Journal article   Peer reviewed

Contest success function with the possibility of a draw: Axiomatization

P.R. Blavatskyy
Journal of Mathematical Economics, Vol.46(2), pp.267-276
2010
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Abstract

In imperfectly discriminating contests the contestants contribute effort to win a prize but the highest contributed effort does not necessarily secure a win. The contest success function (CSF) is the technology that translates an individual's effort into his or her probability of winning. This paper provides an axiomatization of CSF when there is the possibility of a draw (the sum of winning probabilities across all contestants does not add up to one).

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Citation topics
6 Social Sciences
6.122 Economic Theory
6.122.437 Cooperation Dynamics
Web Of Science research areas
Economics
Mathematics, Interdisciplinary Applications
Social Sciences, Mathematical Methods
ESI research areas
Economics & Business
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