Best-shot versus weakest-link in political lobbying: an application of group all-pay auction

被引:0
|
作者
Subhasish M. Chowdhury
Iryna Topolyan
机构
[1] University of East Anglia,School of Economics, Centre for Behavioural and Experimental Social Science, and Centre for Competition Policy
[2] University of Cincinnati,Department of Economics
来源
Social Choice and Welfare | 2016年 / 47卷
关键词
Lobby Group; Impact Function; Pure Strategy Equilibrium; Winning Probability; Mixed Strategy Equilibrium;
D O I
暂无
中图分类号
学科分类号
摘要
We analyze a group political lobbying all-pay auction with a group specific public good prize, in which one group follows a weakest-link and the other group follows a best-shot impact function. We completely characterize all semi-symmetric equilibria. There are two types of equilibria: (1) each player in the best-shot group puts mass at the upper bound of the support, whereas each player in the other group puts mass at the lower bound of the support; (2) players in the best-shot group put masses at both the lower and the upper bounds, while the other group randomizes without a mass point.
引用
收藏
页码:959 / 971
页数:12
相关论文
共 12 条