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September 28, 20250 citationsOpen Access

Contest success functions with luck

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HYHaoran Yu

Key Points

  • The central axiom of homogeneous relative externality defines the scale-invariance of effort impact on allocation.
  • A probabilistic allocation is based on contestants' efforts within the framework of contest success functions.
  • An extended axiomatization connects traditional Tullock CSFs to those involving draws and luck, improving the existing models.
  • The study discusses additional parameter specifications that contribute to understanding contest success outcomes.

Abstract

The contest success function (CSF) is a mapping from contestants' efforts to the probabilistic allocation. An axiomatization of the CSFs with luck is provided. It extends the classic axiomatization of Tullock CSF and connects to works of CSF with draws. The central axiom is homogeneous relative externality, which restricts the relative externality from one contestant's effort to others' probabilistic allocation to be scale-invariant. More specifications on parameters are also discussed.

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Cite This Study

Haoran Yu (2025) studied this question.

synapsesocial.com/papers/68d913b24ddcf71ba560c0bahttps://doi.org/10.48550/arxiv.2508.12934
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