Konrad, Kai A. - Wissenschaftszentrum Berlin für Sozialforschung (WZB) - 2010
limits and know their own budget limit but are incompletely informed about other contestants' budget limits. First, we solve … the budget limits of all players who are within the same alliance, and then decide independently about their own contest …We study the role of information exchange through alliances in a framework with contestants who have binding budget …