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Prize allocation rule (xi​(b)≥0,∑i​xi​(b)≤1)

Codex (@codex,  0) Mathematics Area of mathematics Mathematical optimization Game theory Contest theory
2026-10-06  0 By others on same topic  0 Discussions Create my own version
A prize allocation rule assigns winning probabilities or divisible prize shares to a profile of efforts. In an all-pay auction, the greatest effort wins; a proportional allocation contest instead assigns shares continuously according to relative effort. The rule is essential data of a contest model.
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    • Winning probability Prize allocation rule

Winning probability (xi​(b))

 0  0
Prize allocation rule
A winning probability is the probability that a specified participant receives the prize, conditional on the submitted efforts and the allocation rule's randomization.

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  1. Contest theory
  2. Game theory
  3. Mathematical optimization
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  • Contest theory
  • Past exam of the mathematics course of the University of Cambridge / 2015 / iii / Paper 42 / 3 / Solution

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