GAMBLING IN CONTESTS WITH RANDOM INITIAL LAW

This paper studies a variant of the contest model introduced in Seel and Strack [J. Econom. Theory 148 (2013) 2033-2048]. In the Seel-Strack contest, each agent or contestant privately observes a Brownian motion, absorbed at zero, and chooses when to stop it. The winner of the contest is the agent w...

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Veröffentlicht in:The Annals of Applied Probability. in. - Institute of Mathematical Statistics. - 26(2016), 1, Seite 186-215
1. Verfasser: Feng, Han (VerfasserIn)
Weitere Verfasser: Hobson, David
Format: Online-Aufsatz
Sprache:English
Veröffentlicht: 2016
Zugriff auf das übergeordnete Werk:The Annals of Applied Probability. in
Schlagworte:Mathematics Economics Physical sciences Law Philosophy Applied sciences Behavioral sciences