Konrad, Kai Andreas; Kovenock, Daniel J. - Abteilung "Marktprozesse und Steuerung", … - 2005
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 …