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Many economic and political decisions are the outcome of strategic contests for a given prize. The nature of such … contests can be determined by a designer who is driven by political considerations with a specific political culture. The main …
Persistent link: https://www.econbiz.de/10010336030
Many economic and political decisions are the outcome of strategic contests for a given prize. The nature of such … contests can be determined by a designer who is driven by political considerations with a specific political culture. The main …
Persistent link: https://www.econbiz.de/10010274763
Many economic and political decisions are the outcome of strategic contests for a given prize. The nature of such … contests can be determined by a designer who is driven by political considerations with a specific political culture. The main …
Persistent link: https://www.econbiz.de/10010274640
We consider a two group contest over a group specific public good where each member of a group has a different benefit from the good. Our model can be interpreted in two ways: Each of the players has a non-linear investment cost in the contest, or alternatively, the returns to effort are...
Persistent link: https://www.econbiz.de/10010336001
We consider a two group contest over a group specific public good comparing two situations: (i) when all players act independently; and (ii) when the players of each group cooperate. This comparison leads us to the conclusion that it is possible for one group to contribute more (and have a...
Persistent link: https://www.econbiz.de/10010336057
Persistent link: https://www.econbiz.de/10014306483
The present paper analyzes situations in which groups compete for rents. A major result in the literature has been that there are both cases where larger groups have advantages and cases where they have disadvantages. The paper provides two intuitive criteria which for groups with homogenous...
Persistent link: https://www.econbiz.de/10010274810
Because costly punishment is not credible, subgame perfection suggests that punishment will not deter free riding … strategies seen in the lab and use the simulation to develop hypotheses about why group size should matter when punishment is … rates no lower than small groups because punishment does not fall appreciably in large groups. However, hindrances to …
Persistent link: https://www.econbiz.de/10010262078
level of resources across a set of contests. In the traditional formulation of the Colonel Blotto game, the players …' resources are use it or lose it" in the sense that any resources which are not allocated to one of the contests are forfeited …
Persistent link: https://www.econbiz.de/10010264422
punishment opportunities are restricted to agents who are linked through alternative punishment networks. We find that the … structure of the punishment network significantly impacts contributions to the public good, but not overall efficiencies …. Contributions collapse over decision rounds in groups with limited punishment opportunities, even if the absolute punishment …
Persistent link: https://www.econbiz.de/10010281653