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| Alex Possajennikov |
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| ''Commitment in symmetric contests'' |
| ( 2009, Vol. 29 No.1 ) |
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| The paper proves that in two-player logit form symmetric contests with concave success function, commitment to a particular strategy does not increase a player's payoff, while in contests with more than two players it does. The paper also provides a contest-like game in which commitment does not increase a player''s payoff for any number of players. |
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| Keywords: |
JEL:
D7 - Analysis of Collective Decision-Making: General |
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| Manuscript Received : Dec 08 2008 | | Manuscript Accepted : Mar 23 2009 |
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