Hoffmann, Magnus; Rota-Graziosi, Grégoire - In: Games and Economic Behavior 75 (2012) 1, pp. 168-184
We examine simultaneous versus sequential choice of effort in a two-player contest. The timing of moves, determined in a preplay stage prior to the contest subgame, as well as the value of the prize is allowed to be endogenous. Contrary to endogenous timing models with an exogenously fixed prize...