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such as race, gender, or ethnicity is much less acceptable. Why? I develop a simple model of conflict which is driven by …History is replete with overt discrimination on the basis of race, gender, age, citizenship, ethnicity, marital status …
Persistent link: https://www.econbiz.de/10005790266
This paper considers a partial equilibrium model of conflict where two asymmetric, rational and risk-neutral opponents … evaluate differently the contested stake. Differently from common contest models, agents have the option of choosing a second … instrument to affect the outcome of the conflict. The second instrument is assumed to capture positive investments in ‘conflict …
Persistent link: https://www.econbiz.de/10005835709
This paper considers a partial equilibrium model of conflict where two asymmetric, rational and risk-neutral opponents … clash in order to redistribute a divisible prize in their favour. Differently from common contest models agents have the … option of choosing a second instrument to affect the outcome of the conflict. The second instrument is assumed to capture a …
Persistent link: https://www.econbiz.de/10005835785
Using a two-player Tullock-type contest we show that intuitively and structurally different contests can be … equivalent to the original Tullock contest, and provide new examples of strategically equivalent contests. Finally, we discuss … possible contest design applications and avenues for future theoretical and empirical research. …
Persistent link: https://www.econbiz.de/10011107976
We find the sufficient conditions for the existence of multiple equilibria in Tullock-type contests, and show that asymmetric equilibria arise even under symmetric prize and cost structures. We then present existing contests where multiple equilibria exist under reasonably weak conditions.
Persistent link: https://www.econbiz.de/10011109224
We experimentally investigate the effect of social identification and information feedback on individual behavior in contests. In all treatments we find significant over-expenditure of effort relative to the standard theoretical predictions. Identifying subjects through photo display decreases...
Persistent link: https://www.econbiz.de/10011259314
which conflict between asymmetric agents can be resolved. We model conflict as a two-agent rent-seeking contest for an …Due to the high costs of conflict both in theory and practice, we examine and experimentally test the conditions under … indivisible prize. Before conflict arises, both agents may agree to allocate the prize by fair coin flip to avoid the costs of …
Persistent link: https://www.econbiz.de/10011260837
We construct a generalized Tullock contest under complete information where contingent upon winning or losing, the …
Persistent link: https://www.econbiz.de/10011113445
We apply an indirect evolutionary approach to players' perceived prize valuations in contests. Evolution in finite populations leads to preferences that overstate the prize's material value and induce overexpenditure. We establish an equivalence between the behavior evolutionarily stable...
Persistent link: https://www.econbiz.de/10008615029
Kovenock and Roberson’s (2012ab) replication of Hausken’s (2008a) equations and parameter restrictions do not enhance our insight into the defense and attack of reliability systems. This reply intends to fill the remaining understanding gaps.
Persistent link: https://www.econbiz.de/10009647311