Showing 1 - 10 of 272
This paper analyzes the ability of group members to cooperate in rent-seeking activities in a context of between-group competition. For this purpose, we develop an infinitely repeated rent-seeking game between two groups of different size. We first investigate Nash reversion strategies to...
Persistent link: https://www.econbiz.de/10011049667
of a contest. …
Persistent link: https://www.econbiz.de/10010931195
The generic alliance game considers players in an alliance who fight against an external enemy. After victory, the alliance may break up, and its members may fight against each other over the spoils of the victory. Our experimental analysis of this game shows: In-group solidarity vanishes after...
Persistent link: https://www.econbiz.de/10010603335
perspective of a contest organizer whose objective is to maximize aggregate effort, it is optimal to sort players in a way that …
Persistent link: https://www.econbiz.de/10010573651
We introduce three extensions of the Hirshleifer–Skaperdas conflict game to study experimentally the effects of post-conflict behavior and repeated interaction on the allocation of effort between production and appropriation. Without repeated interaction, destruction of resources by defeated...
Persistent link: https://www.econbiz.de/10010785206
In a common-values election where voters receive a signal about which candidate is superior, suppose there is a small amount of uncertainty about the likelihood of the signal's outcome, holding fixed the correct candidate. Once this uncertainty is resolved, the signal is i.i.d. across agents....
Persistent link: https://www.econbiz.de/10014213382
We analyze the effect of industrial espionage on entry deterrence. We consider a monopoly incumbent who may expand capacity to deter entry, and a potential entrant who owns an Intelligence System. The Intelligence System (IS) generates a noisy signal based on the incumbentʼs actions. The...
Persistent link: https://www.econbiz.de/10011049669
In a seminal paper, Grossman and Helpman (1994) introduced a framework to understand how lobbying influences the choice of import/export tariffs. In this paper we extend their analysis and assume that lobbies have private information to analyze the effects of information transmission in a...
Persistent link: https://www.econbiz.de/10010785204
This paper presents a strategic model of common value elections with endogenous information acquisition. It proves that majoritarian elections can fail to aggregate information when voters have heterogeneous skills and provides necessary and sufficient conditions for information aggregation....
Persistent link: https://www.econbiz.de/10011049772
This paper shows that in private value environments, strategy-proofness and the rectangular property are necessary conditions for (full) robust implementation (Bergemann and Morris, 2011). As corollaries, we obtain the equivalence between robust and secure implementation (Saijo et al., 2007),...
Persistent link: https://www.econbiz.de/10010785201