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conflict and more intense fighting …
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conflict and more intense fighting. …
Persistent link: https://www.econbiz.de/10010603853
We study equilibrium in a multistage race in which players compete in a sequence of simultaneous move component contests. Players may win a prize for winning each component contest, as well as a prize for winning the overall race. Each component contest is an all-pay auction with complete...
Persistent link: https://www.econbiz.de/10005786806
by which the allocation of prizes are governed by possibly repeated conflict. Our results contribute to an explanation … why. Compared to a single stage conflict, such structures can reduce the overall resources that are dissipated among the …
Persistent link: https://www.econbiz.de/10005835345
by which the allocation of prizes are governed by possibly repeated conflict. Our results contribute to an explanation … why. Compared to a single-stage conflict, such structures can reduce the overall resources that are dissipated among the …
Persistent link: https://www.econbiz.de/10005196321
outside enemy, ‘brothers in arms’ may already anticipate future internal conflict about dividing the spoils of winning …; however, this subsequent internal conflict does not discourage alliance members from expending much effort in the contest …
Persistent link: https://www.econbiz.de/10008833917