Distributional Competition
Fuente:
arXiv
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| Format: | Preprint |
| Veröffentlicht: |
2026
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| _version_ | 1866918486255599616 |
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| author | Whitmeyer, Mark |
| author_facet | Whitmeyer, Mark |
| contents | I study symmetric competitions in which each player chooses an arbitrary distribution over a one-dimensional performance index, subject to a convex cost. I establish existence of a symmetric equilibrium, document various properties it must possess, and provide a characterization via the first-order approach. Manifold applications--to R\&D competition, oligopolistic competition with product design, and rank-order contests--follow. |
| format | Preprint |
| id |
arxiv_https___arxiv_org_abs_2601_22112 |
| institution | arXiv |
| publishDate | 2026 |
| record_format | arxiv |
| spellingShingle | Distributional Competition Whitmeyer, Mark Theoretical Economics I study symmetric competitions in which each player chooses an arbitrary distribution over a one-dimensional performance index, subject to a convex cost. I establish existence of a symmetric equilibrium, document various properties it must possess, and provide a characterization via the first-order approach. Manifold applications--to R\&D competition, oligopolistic competition with product design, and rank-order contests--follow. |
| title | Distributional Competition |
| topic | Theoretical Economics |
| url | https://arxiv.org/abs/2601.22112 |