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coarse performance information lead to bargaining asymmetries. In addition, we find that bargainers’ subjective entitlements … subjective entitlements together with the differences in entitlements between better and worse performers influence the whole …
Persistent link: https://www.econbiz.de/10008511615
This paper experimentally examines behavior in a two-player game of attack and defense of a weakest-link network of targets, in which the attacker’s objective is to successfully attack at least one target and the defender’s objective is diametrically opposed. We apply two benchmark contest...
Persistent link: https://www.econbiz.de/10008671693
This article examines behavior in the two-player, constant-sum Colonel Blotto game with asymmetric resources in which players maximize the expected number of battlefields won. The experimental results support all major theoretical predictions. In the auction treatment, where winning a...
Persistent link: https://www.econbiz.de/10005034634
This contribution investigates the role of education in domestic terrorism for 133 countries between 1984 and 2007. The findings point at a nontrivial effect of education on terrorism. Lower education (primary education) tends to promote terrorism in a cluster of countries where the...
Persistent link: https://www.econbiz.de/10010877794
is no longer simply a sum of individual outputs. We analyze contests with group-specific public goods that allow for …
Persistent link: https://www.econbiz.de/10008511604
We analyse procurement auctions in which sellers are distinguished on the basis of the ratios of quality per unit of money that they offer. Sellers are privately informed on the offered quality of the technology or good. We assume that the procurer cannot perfectly identify the best offer. Thus,...
Persistent link: https://www.econbiz.de/10010678211
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 …
Persistent link: https://www.econbiz.de/10008671690
We analyze equilibria of two-player contests where players have intention-based preferences. We find that players …
Persistent link: https://www.econbiz.de/10010608711
We analyze Nash equilibria of share and probabilistic contests when players have distributional preferences. If players … the value of the prize (overdissipation), and they are also in line with the findings for share contests. If players are …
Persistent link: https://www.econbiz.de/10010636590
The present paper analyzes situations in which groups compete for rents. A major result in the literature has been that there are both cases where larger groups have advantages and cases where they have disadvantages. The paper provides two intuitive criteria which for groups with homogenous...
Persistent link: https://www.econbiz.de/10008853859