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Revenue ranking of optimally biased contests: The case of two players

Author:
Ewerhart, Christian
Source:
Economics letters 2017 v.157 pp. 167-170
ISSN:
0165-1765
Subject:
income
Abstract:
It is shown that the equilibrium in the asymmetric two-player Tullock contest is unique for parameter values r≤2. This allows proving a revenue ranking result saying that a revenue-maximizing designer capable of biasing the contest always prefers a technology with higher r.
Agid:
6099936