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In many real world contests, players can influence their chances of winning through two or more activities or "arms." In this paper, we analyze the equilibrium properties of a two-player two-armed contest, and compare them to those of a standard two-player one-armed contest. Several interesting...
Persistent link: https://www.econbiz.de/10005449380
In many contests, players can influence the outcome through efforts in multiple activities, several of which can be chosen before others. In this paper, we develop a model of dynamic multiactivity contests. Players simultaneously choose efforts in long-run activities, observe each other's...
Persistent link: https://www.econbiz.de/10008457279
In many contests, players can influence the outcome through efforts in multiple activities, several of which can be chosen before others. In this paper, we develop a model of dynamic multi-activity contests. Players simultaneously choose efforts in long-run activities, observe each other’s...
Persistent link: https://www.econbiz.de/10014193016
In many contests, players can influence their chances of winning through multiple activities or "arms." We develop a simple model of multi-armed contests and axiomatize its contest success function. We then analyze the outcomes of the multi-armed contest and the effects of allowing or...
Persistent link: https://www.econbiz.de/10014063897
The U.S. Supreme Court has ruled that restrictions on independent political expenditures by corporations and labor unions are unconstitutional on First Amendment grounds (Citizens United v. FEC, 2010). In this paper, we test the hypothesis that the decision gave an electoral boost to...
Persistent link: https://www.econbiz.de/10011266391
Matching provisions in state clean elections acts have been ruled unconstitutional by the U.S. Supreme Court on First Amendment grounds (Arizona Free Enterprise Club’s Freedom Club PAC v. Bennett, 2011). By modeling political speech as a costly advertising activity in an electoral contest, we...
Persistent link: https://www.econbiz.de/10011266398