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Distributional preferences in probabilistic and share contests

Hoffmann, Magnus; Kolmar, Martin - 2013

We analyze Nash equilibria of share and probabilistic contests when players have distributional preferences. If players are sufficiently similar, distributional preferences create multiple equilibria. For the case of only mildly heterogeneous players, equilibrium effort can be lower as well as...

Persistent link: https://www.econbiz.de/10009727108

Skewed norms under peer pressure : formation and collapse

Michaeli, Moti; Spiro, Daniel - 2014 - This version June 2014

This paper shows that peer pressure may lead to dynamic convergence to a norm that is skewed with respect to preferences in society, yet is endogenously upheld by the population. Moreover, a skewed norm will often be more sustainable than a representative norm. This may explain the skewness of...

Persistent link: https://www.econbiz.de/10010374440

Alliance formation in contests with incomplete information

Metzger, Lars - 2015

This paper studies a contest in which players with unobservable types may form an alliance in a pre-stage of the game to join their forces and compete for a prize. We characterize the pure strategy equilibria of this game of incomplete information. We show that if the formation of an alliance is...

Persistent link: https://www.econbiz.de/10010487967

Endogenous community formation and collective provision : a procedurally fair mechanism

Güth, Werner - 2013

A group of actors, individuals or firms, can engage in collectively providing projects which may be costly or generating revenues and which may benefit some and harm others. Based on requirements of procedural fairness (Güth and Kliemt, 2013), we derive a bidding mechanism determining...

Persistent link: https://www.econbiz.de/10009736802

Third-party intervention in conflicts and the indirect samaritan's dilemma

Amegashie, J. Atsu - 2009

I study a two-period model of conflict with two combatants and a third party who is an ally of one of the combatants …. There exist perfect Bayesian equilibria in which the third party's intervention worsens the conflict by energizing her ally … to withdraw from or stay in the conflict is based on her prior beliefs and not on the current conditions of the conflict …

Persistent link: https://www.econbiz.de/10003854485

Democracy, autocracy and the likelihood of the international conflict

Tangerås, Thomas P. (contributor) - 2008

This is a game-theoretic analysis of the link between regime type and international conflict. The democratic electorate … can credibly punish the leader for bad conflict outcomes, whereas the autocratic selectorate cannot. For the fear of being … and international conflict. -- Democracy ; autocracy ; war ; Maximal Equilibrium …

Persistent link: https://www.econbiz.de/10003723925

Rational expectations and farsighted stability

Dutta, Bhaskar; Vohra, Rajiv - 2015

dominance in which an outcome can be dominated by a chain of coalitional "moves" in which each coalition that is involved in the …

Persistent link: https://www.econbiz.de/10011383887

An experimental study of voting with costly delay

Kwiek, Maksymilian; Marreiros, Helia; Vlassopoulos, Michael - 2015

A conclave is a voting mechanism in which a committee selects an alternative by voting until a sufficient supermajority is reached. We study experimentally welfare properties of simple three-voter conclaves with privately known preferences over two outcomes and waiting costs. The resulting game...

Persistent link: https://www.econbiz.de/10011336977

Farsighted stability with heterogeneous expectations

Bloch, Francis; Nouweland, Anne van den - 2017

This paper analyzes farsighted stable sets when agents have heterogeneous expectations over the dominance paths. We …

Persistent link: https://www.econbiz.de/10011660644

Rational expectations and farsighted stability

Dutta, Bhaskar; Vohra, Rajiv - In: Theoretical economics : TE ; an open access journal in … 12 (2017) 3, pp. 1191-1227

was recently reformulated by Ray and Vohra (2015). The farsighted stable set is based on a notion of indirect dominance in …

Persistent link: https://www.econbiz.de/10011744146