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earn a positive expected payoff from participating in the contest, which may explain why they participate. We also show … ability dispersion selects such players into the contest and favors them in elimination contests. …
Persistent link: https://www.econbiz.de/10005124335
explain delay. For a given contest technology, delay may occur if there is an asymmetry between defense and attack, if the …
Persistent link: https://www.econbiz.de/10005504736
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 information. We characterize the unique equilibrium analytically and …
Persistent link: https://www.econbiz.de/10005791548
Should arbitrators adjudicate on the basis of their own investigations, or invite the interested parties to make their cases and decide on the basis of the information so gathered? I call the former the inquisitorial procedure in arbitration and the latter the adversarial procedure. I conduct a...
Persistent link: https://www.econbiz.de/10005504638
A domestic power faces an enemy and commits terrorist atrocities to increase the likelihood of victory. A foreign patron can grant aid to the power but prefers fewer or no atrocities. The domestic power responds by acquiescing in the creation of uncontrollable paramilitaries that commit even...
Persistent link: https://www.econbiz.de/10005504744
Most of the economic literature on bargaining has focused on situations where the set of possible outcomes is taken as given. This paper is concerned with situations where decision-makers first need to identify the set of feasible outcomes before they bargain over which of them is selected. Our...
Persistent link: https://www.econbiz.de/10008854532
over a two-state solution to the conflict as well as the organizational structures of the factions. …
Persistent link: https://www.econbiz.de/10005123813
Conventional wisdom in economic history suggests that conflict between countries can be enormously disruptive of …
Persistent link: https://www.econbiz.de/10005504411
single-tier organizations, even though they offer more scope for organizational conflict and have more executives that can be … influenced. These benefits derive from two effects. First, part of the conflict in multi-divisional organizations takes place on …
Persistent link: https://www.econbiz.de/10005504716
group is dominant. We provide a test of a key aspect of our model using data from La Violencia, a political conflict in …
Persistent link: https://www.econbiz.de/10005656168