Stochastic Contests with Linex Utility Functions
In this paper, we analyze the Nash equilibrium in a class of winner-takes-all stochastic contests among players with linear-exponential (linex) utility functions. In this contest, players are required to make upfront investments, which collectively determine their winning probabilities. We first sho...
| Main Author: | |
|---|---|
| Format: | Article |
| Language: | English |
| Published: |
Istanbul University
2019-06-01
|
| Series: | Alphanumeric Journal |
| Subjects: | |
| Online Access: |
http://alphanumericjournal.com/media/Issue/volume-7-issue-1-2019/stochastic-contests-with-linex-utility-functions.pdf
|