Showing 1 - 6 of 6
The same contestants often meet repeatedly in contests. Behavior in a contest potentially provides information with regard to one's type and can therefore influence the behavior of the opponents in later contests. This paper shows that if effort is observable, this can induce a ratchet effect in...
Persistent link: https://www.econbiz.de/10009367859
Perfectly discriminating contests (or all pay auction) are widely used as a model of situations where individuals devote resources to win some prize. In reality such contests are often preceded by investments of the contestants into their ability to fight in the contest. This paper studies a two...
Persistent link: https://www.econbiz.de/10009367871
This paper models the trade-off between production and appropriation in the presence of simultaneous inter- and intra-group conflicts. The model exhibits a 'group cohesion effect': if the contest between the groups becomes more decisive, or contractual incompleteness between groups becomes more...
Persistent link: https://www.econbiz.de/10009367913
This paper considers incentives for information acquisition ahead of conflicts. We characterize the (unique) equilibrium of the all-pay auction between two players with one-sided asymmetric information. The type of one player is common knowledge. The type of the other player is drawn from a...
Persistent link: https://www.econbiz.de/10009367915
This paper extends the axiomatic characterization of contest success functions of Skaperdas (1996) and Clark and Riis (1998) to contests between groups. – Contest ; conflict ; axiom ; group
Persistent link: https://www.econbiz.de/10009367918
Lobbyists choose what to lobby for. If they can precommit to certain policy proposals, their choice will have an influence on the behavior of opposing lobbyists. Hence lobbyists have an incentive to moderate their policy proposals in order to reduce the intensity of the lobbying contest. This...
Persistent link: https://www.econbiz.de/10009367931