Showing 1 - 9 of 9
Victorious alliances often fight about the spoils of war. We consider experimentally when members of victorious alliances accept a peaceful division of the spoils, and when they fight against each other, and how the inability to commit to a peaceful division affects their effort contributions in...
Persistent link: https://www.econbiz.de/10010309020
This paper considers evolutionarily stable decisions about whether to initiate violent conflict rather than accepting a peaceful sharing outcome. Focusing on small sets of players such as countries in a geographically confined area, we use Schaffer's (1988) concept of evolutionary stability. We...
Persistent link: https://www.econbiz.de/10010312827
We study endogenous group formation in tournaments employing experimental threeplayer contests. We find that players in endogenously formed alliances cope better with the moral hazard problem in groups than players who are forced into an alliance. Also, players who are committed to expending...
Persistent link: https://www.econbiz.de/10010312828
We consider a two-player contest for a prize of common but uncertain value. We show that less resources are spent in …
Persistent link: https://www.econbiz.de/10010307000
This paper studies sabotage in tournaments with at least three contestants, where the contestants know each other well. Every contestant has an incentive to direct sabotage specifically against his most dangerous rival. In equilibrium, contestants who choose a higher productive effort are...
Persistent link: https://www.econbiz.de/10010307006
explain delay. For a given contest technology, delay may occur if there is an asymmetry between defense and attack, if the …
Persistent link: https://www.econbiz.de/10010307021
that characterizes whether and when the aggregate equilibrium payoff of contestants is higher in the single-stage contest …, and when the single-stage contest is more likely to award the prize to the contestant who values it most highly. The …
Persistent link: https://www.econbiz.de/10010307023
the budget limits of all players who are within the same alliance, and then decide independently about their own contest …
Persistent link: https://www.econbiz.de/10010307679
, this subsequent internal conflict does not discourage alliance members from expending much effort in the contest against …
Persistent link: https://www.econbiz.de/10010307682