Strategic Behavior in Cotnests: Comment

摘要

In an influential paper. Avinash Dixit (1987) considers a class of symmetric two-play con- tests in which each player's effort, x_i, influences the probability of winning a prize valued at K> 0. Letting p(x_1,x_2)denote the probability~1 that Player 1 wins, the expected payoffs of the two Players are π_1=p(x_1,x_2)K-x_1 and π_2= [1-p(x_1,x_2)]K-x_2.