contests. Players may win a prize for winning each component contest, as well as a prize for winning the overall race. Each …We study equilibrium in a multistage race in which players compete in a sequence of simultaneous move component … component contest is an all-pay auction with complete information. We characterize the unique equilibrium analytically and …

contests. Players may win a prize for winning each component contest, as well as a prize for winning the overall race. Each …We study equilibrium in a multistage race in which players compete in a sequence of simultaneous move component … component contest is an all-pay auction with complete information. We characterize the unique equilibrium analytically and …

contests. Players may win a prize for winning each component contest, as well as a prize for winning the overall race. Each …We study equilibrium in a multistage race in which players compete in a sequence of simultaneous move component … component contest is an all-pay auction with complete information. We characterize the unique equilibrium analytically and …

earn a positive expected payoff from participating in the contest, which may explain why they participate. We also show … that it reduces the strong discouragement effects and hold-up problems that may otherwise emerge in such games. High own … ability dispersion selects such players into the contest and favors them in elimination contests. …

earn a positive expected payoff from participating in the contest, which may explain why they participate. We also show … that it reduces the strong discouragement effects and hold-up problems that may otherwise emerge in such games. High own … ability dispersion selects such players into the contest and favors them in elimination contests. …

which the player expending the greater resources wins. In equilibrium, contest effort concentrates on at most two adjacent … by which the allocation of prizes are governed by possibly repeated conflict. Our results contribute to an explanation … why. Compared to a single stage conflict, such structures can reduce the overall resources that are dissipated among the …

which the player expending the greater resources wins. In equilibrium, contest effort concentrates on at most two adjacent … by which the allocation of prizes are governed by possibly repeated conflict. Our results contribute to an explanation … why. Compared to a single stage conflict, such structures can reduce the overall resources that are dissipated among the …

which the player expending the greater resources wins. In equilibrium, contest effort concentrates on at most two adjacent … by which the allocation of prizes are governed by possibly repeated conflict. Our results contribute to an explanation … why. Compared to a single stage conflict, such structures can reduce the overall resources that are dissipated among the …

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 …

We investigate a multi-period contest model in which a contestant.s present success gives an advantage over a rival in …