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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 …
Persistent link: https://www.econbiz.de/10010274454
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 final … by which the allocation of prizes are governed by possibly repeated conflict. Our results contribute to an explanation …
Persistent link: https://www.econbiz.de/10013318163
Persistent link: https://www.econbiz.de/10003096073
Persistent link: https://www.econbiz.de/10003130864
Persistent link: https://www.econbiz.de/10013488789
Persistent link: https://www.econbiz.de/10003218121
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 …
Persistent link: https://www.econbiz.de/10003202472
Experiments evaluate the fit of human behaviour to the Shapley-Shubik power index (SSPI), a formula of voter power. Groups of six subjects with differing votes divide a fixed purse by majority rule in online chat rooms. Earnings proxy for measured power. Chat rooms and processes for selecting...
Persistent link: https://www.econbiz.de/10009789971
We study the role of an imbalance in fighting strengths when players bargain in the shadow of conflict. Our … experimental results suggest: In a simple bargaining game with an exogenous mediation proposal, the likelihood of conflict is … independent of the balance of power. If bargaining involves endogenous demand choices, however, the likelihood of conflict is …
Persistent link: https://www.econbiz.de/10011576771
In this paper, we ask a fundamental design question in the theory of contests: Should contestants and reward money be pooled into a single grand contest, or should they be divided into parallel subcontests? We theoretically explore optimal divisioning using Tullock’s lottery contest framework...
Persistent link: https://www.econbiz.de/10013230233