We consider rent-seeking contests with two players who each have private information about their own cost of effort. We consider both discrete and continuous distributions of costs and give results for each case, focusing on existence of equilibrium.
机构:
Univ Turin, ESOMAS Dept, Corso Unione Soviet 218bis, I-10134 Turin, Italy
Coll Carlo Alberto, Moncalieri, TO, ItalyUniv Turin, ESOMAS Dept, Corso Unione Soviet 218bis, I-10134 Turin, Italy