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the defence of the opponent. This model has many applications like political campaigning, wars, competition among lobbies …
Persistent link: https://www.econbiz.de/10010312400
We use economic theory to examine the intensity of fundamentalist sects. Leaders work to enhance their followers …
Persistent link: https://www.econbiz.de/10010261982
Recent studies in psychology and neuroscience find that fictional works exert strong influence on readers and shape their opinions and worldviews. We study the Potterian economy, which we compare to economic models, to assess how Harry Potter books affect economic literacy. We find that some...
Persistent link: https://www.econbiz.de/10011588398
Recent studies in psychology and neuroscience find that fictional works exert strong influence on readers and shape their opinions and worldviews. We study the Potterian economy, which we compare to economic models, to assess how Harry Potter books affect economic literacy. We find that some...
Persistent link: https://www.econbiz.de/10011590696
We study endogenous group formation in tournaments employing experimental three-player 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/10010198496
Persistent link: https://www.econbiz.de/10011864287
This paper considers a partial equilibrium model of conflict where two asymmetric, rational and risk-neutral opponents … option of choosing a second instrument to affect the outcome of the conflict. The second instrument is assumed to capture a … complex bundle of Conflict Management Procedures (CMPs). Through comparative statics, different scenarios are studied. A …
Persistent link: https://www.econbiz.de/10012734516
We study an all-pay contest with multiple identical prizes ("lifeboat seats"). Prizes are partitioned into subsets of prizes ("lifeboats"). Players play a twostage game. First, each player chooses an element of the partition ("a lifeboat"). Then each player competes for a prize in the subset...
Persistent link: https://www.econbiz.de/10013119516
We study an all-pay contest with multiple identical prizes ("lifeboat seats"). Prizes are partitioned into subsets of prizes ("lifeboats"). Players play a two-stage game. First, each player chooses an element of the partition ("a lifeboat"). Then each player competes for a prize in the subset...
Persistent link: https://www.econbiz.de/10009407607
efforts often falls considerably short of the prize that is at stake. It may cause violent conflict in early rounds, but may …
Persistent link: https://www.econbiz.de/10013132650