Multi-Player Race

gdc.relation.journal Journal of Economic Behavior & Organization en_US
dc.contributor.author Dogan, Serhat
dc.contributor.author Karagozoglu, Emin
dc.contributor.author Keskin, Kerim
dc.contributor.author Saglam, Cagri
dc.contributor.other Economics
dc.contributor.other 03. Faculty of Economics, Administrative and Social Sciences
dc.contributor.other 01. Kadir Has University
dc.date.accessioned 2019-06-27T08:05:14Z
dc.date.available 2019-06-27T08:05:14Z
dc.date.issued 2018
dc.description.abstract We present a model of race with multiple players and study players' effort choices and expected prizes in equilibrium. We show that in equilibrium once any two players win one battle each the remaining players do not exert any effort anymore. This turns the continuation game into a two-player race. This is different than the results in previous two-player models of race which report that all states of the game are reached with positive probabilities. We also provide a set of comparative static results on the effects of the number of players and the victory threshold. (C) 2018 Elsevier B.V. All rights reserved. en_US]
dc.identifier.citationcount 6
dc.identifier.doi 10.1016/j.jebo.2018.03.008 en_US
dc.identifier.issn 0167-2681 en_US
dc.identifier.issn 1879-1751 en_US
dc.identifier.issn 0167-2681
dc.identifier.issn 1879-1751
dc.identifier.scopus 2-s2.0-85044590160 en_US
dc.identifier.uri https://hdl.handle.net/20.500.12469/1048
dc.identifier.uri https://doi.org/10.1016/j.jebo.2018.03.008
dc.language.iso en en_US
dc.publisher Elsevier Science Bv en_US
dc.relation.ispartof Journal of Economic Behavior & Organization
dc.rights info:eu-repo/semantics/closedAccess en_US
dc.subject Contests en_US
dc.subject Discouragement effect en_US
dc.subject Dynamic games en_US
dc.subject Momentum effect en_US
dc.subject Race en_US
dc.title Multi-Player Race en_US
dc.type Article en_US
dspace.entity.type Publication
gdc.author.institutional Keskin, Kerim en_US
gdc.author.institutional Keskin, Kerim
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gdc.description.department Fakülteler, İktisadi, İdari ve Sosyal Bilimler Fakültesi, Ekonomi Bölümü en_US
gdc.description.endpage 136
gdc.description.publicationcategory Makale - Uluslararası Hakemli Dergi - Kurum Öğretim Elemanı en_US
gdc.description.scopusquality Q1
gdc.description.startpage 123 en_US
gdc.description.volume 149 en_US
gdc.description.wosquality Q3
gdc.identifier.openalex W2794786090
gdc.identifier.wos WOS:000438480800008 en_US
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gdc.oaire.keywords Discouragement effect
gdc.oaire.keywords Dynamic games
gdc.oaire.keywords Contests
gdc.oaire.keywords Race
gdc.oaire.keywords Momentum effect
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gdc.oaire.sciencefields 05 social sciences
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