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Huck, Steffen; Konrad, Kai A.; Müller, Wieland (31. January 2000): Divisionalization in contests. Discussion Papers, Interdisciplinary Research Project 373: Quantification and Simulation of Economic Processes
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Abstract

To be represented by more than one contestant in a contest has advantages and disadvantages. This paper determines the conditions under which it is favorable to send several agents into the contest.