All Rights Reserved
AccessEcon LLC 2006, 2008.
Powered by MinhViet JSC
ralph lauren polo

 
Xiaopeng Xu
 
''The effect of the status quo tie-breaking rule on prize winning''
( 2002, Vol. 4 No.2 )
 
 
This paper considers a contest in which two identical players participate to compete for an indivisible prize. It is shown that, in the presence of incomplete information, the player favored by the status quo tie-breaking rule may be less likely to get the prize than his competitor, even though, under the coin toss tie-breaking rule, the two players participate with the same positive probability and hence are equally likely to get the prize.
 
 
Keywords:
JEL: D8 - Information, Knowledge, and Uncertainty: General
C7 - Game Theory and Bargaining Theory:General
 
Manuscript Received : Jan 09 2002 Manuscript Accepted : Jan 18 2002

  This abstract has been downloaded 784 times                The Full PDF of this paper has been downloaded 87720 times