Klose, Bettina; Kovenock, Dan - Economic Science Institute (ESI), Argyros School of … - 2012
, we show that substituting the auction contest success function for the lottery contest success function in a conflict may … success function, in determining the role of extremism and moderation in economic, political, and social environments. … radicals. Our results demonstrate the importance of the choice of the institutions of conflict, as modeled by the contest …