Median-density threshold for the leader in an all-pay contest

ID: median-density-threshold-for-the-leader-in-an-all-pay-contest

For increasing concave , write . Under the smallest-maximizer convention, the leader wins with probability greater than exactly when . The sign of places the maximizer before or after . At equality, concavity alone permits a flat interval of optima; strict concavity or an explicit selection is needed for the strict comparison at that type.

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