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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
) equilibrium of the all-pay auction between two players with one-sided asymmetric information where one player has private … information about his valuation. Then, we use ou rresults to study information acquisition prior to an all-pay auction. If the …
Persistent link: https://www.econbiz.de/10003950481
partly spills over into the next period, by affecting relative conflict efficiency. Our model generates non …-monotone evolution of both conflict and distribution. Results suggest that external interventions, when effective in reducing current … conflict and protecting weaker groups, may end up sowing the seeds of greater future conflict. …
Persistent link: https://www.econbiz.de/10011289899
strategic behaviors frequently observed in electoral competition like "issue ownership", "issue divergence/convergence" or …
Persistent link: https://www.econbiz.de/10012936070
This study provides a unified framework to compare three canonical types of contests: winner-take-all contests won by the best performer, winner-take-all lotteries where probability of success is proportional to performance, and proportional-prize contests in which rewards are shared in...
Persistent link: https://www.econbiz.de/10012940281
This paper studies sabotage in a contest with non-identical players. Unlike previous papers, we consider sabotage in an elimination contest and allow contestants to sabotage a potential or future rival. It turns out that for a certain partition of players there is a pure-strategy equilibrium in...
Persistent link: https://www.econbiz.de/10010261299
Perfectly discriminating contests (or all pay auction) are widely used as a model of situations where individuals …
Persistent link: https://www.econbiz.de/10010343949
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
examine an extension of the canonical two-player all-pay auction in which a tie occurs unless one player's bid exceeds the … standard all-pay auction. We also find that decreasing the fraction of the prize players receive for tying may either increase …
Persistent link: https://www.econbiz.de/10013012900
component contest is an all-pay auction with complete information. We characterize the unique equilibrium analytically and …
Persistent link: https://www.econbiz.de/10010334077