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which the player expending the greater resources wins. In equilibrium, contest effort concentrates on at most two adjacent … by which the allocation of prizes are governed by possibly repeated conflict. Our results contribute to an explanation … why. Compared to a single-stage conflict, such structures can reduce the overall resources that are dissipated among the …
Persistent link: https://www.econbiz.de/10010274454
We characterize the equilibrium of the all-pay auction with general convex cost of effort and sequential effort choices. We consider a set of n players who are arbitrarily partitioned into a group of players who choose their efforts ?early? and a group of players who choose ?late?. Only the...
Persistent link: https://www.econbiz.de/10010261378
This paper studies sabotage in a contest with non-identical players. Unlike previous papers, we consider sabotage in an … elimination contest and allow contestants to sabotage a potential or future rival. It turns out that for a certain partition of …
Persistent link: https://www.econbiz.de/10010261299
such as race, gender, or ethnicity is much less acceptable. Why? I develop a simple rent-seeking model of conflict which is …History is replete with overt discrimination on the basis of race, gender, age, citizenship, ethnicity, marital status …
Persistent link: https://www.econbiz.de/10010264357
, we show that substituting the auction contest success function for the lottery contest success function in a conflict may … radicals. Our results demonstrate the importance of the choice of the institutions of conflict, as modeled by the contest …
Persistent link: https://www.econbiz.de/10010281941
The means of contest design may include differential taxation of the prize. This paper establishes that, given a … revenue-maximizing contest designer who faces a balanced-budget constraint, the optimal taxation scheme corresponding to an … and effectiveness relative to optimal taxation under any contest success function. …
Persistent link: https://www.econbiz.de/10010280823
; however, this subsequent internal conflict does not discourage alliance members from expending much effort in the contest … outside enemy, 'brothers in arms' may already anticipate future internal conflict about dividing the spoils of winning …
Persistent link: https://www.econbiz.de/10010274925
nations, as in a strategic game of international conflict handing over military spending decisions to citizens who face a …
Persistent link: https://www.econbiz.de/10011480439
conflict and more intense fighting. …
Persistent link: https://www.econbiz.de/10010291510
Contests between groups are plagued by intra-group externalities (freeriding). Yet, costless incentive schemes that entirely avoid free-riding within a group might not be desirable, neither individually nor socially. In contests among two groups, a relatively weak (i.e., small or unproductive)...
Persistent link: https://www.econbiz.de/10010270878