level of resources across a set of contests. In the traditional formulation of the Colonel Blotto game, the players …' resources are use it or lose it" in the sense that any resources which are not allocated to one of the contests are forfeited … find that if the level of asymmetry between the players' budgets is below a threshold, then the unique set of equilibrium …

Unlike standard auctions, we show that competitive procurement may optimally limit competition or use inefficient … auction to guard against firms bidding low to win the contract and then cutting back on effort. While competition helps reduce …

This paper studies R&D investment decisions of a firm facing the threat of new technology entry and subject to …

zero effort) and not accepting (and exerting her optimal effort). In some cases, the competition between players and the …

Many economic and political decisions are the outcome of strategic contests for a given prize. The nature of such … contests can be determined by a designer who is driven by political considerations with a specific political culture. The main … objective of this study is to analyze the effect of political culture and of valuation asymmetry on discrimination between the …

We analyze equilibria of two-player contests where players have intention-based preferences. We find that players …