Konrad, Kai A.; Kovenock, Dan - Volkswirtschaftliche Fakultät, … - 2006
the opportunity to engage in a sequence of battles in an attempt to win the war. Each battle is an all-pay auction in … states of the game, the "tipping states", which are determined by the contestants’ relative strengths, their distances to … by which the allocation of prizes are governed by possibly repeated conflict. Our results contribute to an explanation …