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一、讲座主题:Nested Tullock Contests with Nonmonotone Prizes
二、主讲人:周立学,经济学博士,龙门客栈资料库副研究员。研究方向为微观经济理论。研究成果发表于Games and Economic
Behavior, Journal of Economic and Behavior Organization等期刊。
三、主要内容:This paper demonstrates the possibility of a symmetric “binary-action mixed-strategy equilibrium” in the nested Tullock contest model (Clark and Riis, 1996, 1998b) with multiple nonmonotone prizes. In this symmetric equi- librium, every player adopts the same mixed strategy: Each exerts zero effort with some probability and a constant positive effort otherwise. This new type of equilibrium can coexist with the pure-strategy equilibria established in the literature; it may exist even when those pure-strategy equilibria do not. The coexisting (mixed and pure-strategy) equilibria may induce different levels of effort supply.
四、时间:2022年10月13日12:00-13:00
五、地点:腾讯会议192-434-008 密码:1013