Based on the assumption that the value of the prize to two contestants increases in their effort levels, a new type of contest model is established. A necessary and weak sufficient condition for a Cournot-Nash equilib...Based on the assumption that the value of the prize to two contestants increases in their effort levels, a new type of contest model is established. A necessary and weak sufficient condition for a Cournot-Nash equilibrium of the contest model are given.展开更多
基金This project is supported by National Natural Science Foundation of China (7017103770401004), RGC of Hong Kong Joint Research Scheme (N_CityU103/02) and National Excellent Doctoral Dissertation of China (200159).
文摘Based on the assumption that the value of the prize to two contestants increases in their effort levels, a new type of contest model is established. A necessary and weak sufficient condition for a Cournot-Nash equilibrium of the contest model are given.