%0 Journal Article
%T Converse Tournaments
%A Kerim KESK£¿N
%J -
%D 2019
%X This paper proposes two alternatives to Clark and Riis (1998b)¡¯s sequential model of nested multipleprize contests. First, we consider winning prizes endogenously determined by exerted contest efforts. Second, we extend the model to infinitehorizon. We characterize the unique subgame perfect Nash equilibrium in both models and compare the equilibrium strategies with those in the original model
%K Converse tournaments
%K Nested multipleprize contests
%K Tullock contests
%K Endogenous prizes
%K Subgame perfect Nash equilibrium
%U http://dergipark.org.tr/eab/issue/42803/517347