Total-effort formula for a proportional contest with outside effort

ID: total-effort-formula-for-a-proportional-contest-with-outside-effort

With active players of harmonic mean valuation , unit-cost Nash equilibrium effort satisfies . Sum the active-player first-order equations to obtain the quadratic. If is at least the largest valuation, no one is active and . With no outside effort, at least two players must be active.

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