Two-player complete-information all-pay equilibrium

ID: two-player-complete-information-all-pay-equilibrium

For effective prizes and unit effort costs, equilibrium effort CDFs on are and . The weaker player has an atom at zero. Incremental utilities are and zero, and winning probabilities are and . Direct payoff indifference and exclusion of larger bids verify the Nash equilibrium. A further player with effective prize at most cannot profit by entering against these distributions.

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