Tullock Contests | Microeconomics by Game Theory 101

[@Gametheory101]

For the very detailed oriented crowd, one might note that this contest success function is undefined when no one exerts effort. No matter how you choose to allocate the good under that circumstance, no effortless equilibrium exists. That's because at least someone could choose a tiny, tiny amount of effort and secure the entire good for itself.

[@Max-qd5mb]

How many videos are you going to have in this course and is there a book for it?

[@Gametheory101]

I only have a few more left planned, and no book!

[@sourinchatterjee597]

@@Gametheory101 Please make the videos and complete the series. Just loving it.

[@PunmasterSTP]

Well, I find myself at the end of another playlist, and I’m filled with a few sensations including satisfaction and sadness. I can’t say how thankful I am since I ran across this channel a year or so ago. It’s given me so much to think about, and I’ve appreciated being part of a small community of sorts. I hope you never stop making videos William, because if you keep making them, I’ll keep watching. Cheers! 🍻

[@mikarasss]

waiting for the next one over here! Love from Greece

[@geostadt578]

Great job. Would be nice when you add the specific values for the numerical examples in your graphs... Also put labels on the axes?! Thanks Geo

[@inominado1774]

Great Job!