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The article analyzes how a defender determines a balance between protecting an object (passive defense) and striking preventively against an attacker seeking to destroy the object (active defense). The attacker analogously determines a balance between attacking and protecting against the...
Persistent link: https://www.econbiz.de/10009366446
A sequential Colonel Blotto and rent seeking game with fixed and variable resources is analyzed. With fixed resources, which is the assumption in Colonel Blotto games, we show for the common ratio form contest success function that the second mover is never deterred. This stands in contrast to...
Persistent link: https://www.econbiz.de/10010600866