摘要
The literature on imperfectly discriminating contests has almost exclusively focused on complete information. We study such contests assuming players have private information. We identify a general class of imperfectly discriminating contests for which findings by Athey (2001) imply the existence of a Bayesian Nash equilibrium in monotone pure strategies. The main assumptions are that a player%26apos;s valuation of winning is increasing in the signal he observes and that a player%26apos;s probability of winning is continuous in the efforts of all players as well as increasing in his own effort.
- 出版日期2013-9