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Konrad (2007) - Strategy In Contests-An Introduction (view source)
Revision as of 19:31, 25 April 2010
, 19:31, 25 April 2010→Additive Noise
:<math>\frac{\partial G(x_1 - x_2)}{\partial x_1)}(v_1(b_w) - v_1(b_l)) = C_i'(x_1)\,</math>
The IR constraint can be satisfied by making <math>b_l\,</math> sufficiently large.
:<math>\frac{\partial G(0)}{\partial x_1)}(b_w -b_l) = C'(x_1)\,</math>
