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Konrad (2007) - Strategy In Contests-An Introduction (view source)
Revision as of 19:02, 25 April 2010
, 19:02, 25 April 2010→Tullock Contests
Plugging in for <math>v_i\,</math>, <math>v_j\,</math> and <math>r\,</math> provides a set of reaction functions.
For any number of players one can solve for the symmetry pure strategy Nash equilibrium (assuming homogeneous valuations) by assuming <math>x_i = x_j \forall i\,</math> and rearranging to get:
:<math>x_i = \frac{r(n-1)}{n^2}\cdot B \,</math>
