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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/10008697819
. -- Colonel Blotto ; conflict resolution ; contest theory ; multi-dimensional resource allocation ; rent-seeking ; experiments …
Persistent link: https://www.econbiz.de/10003854423
effects of opacity in a laboratory experiment and find that opacity leads to more generous promises, but also to more promise …
Persistent link: https://www.econbiz.de/10012231501
We study reputational herding in financial markets in a laboratory experiment. In the spirit of Dasgupta and Prat (2008 …
Persistent link: https://www.econbiz.de/10010472692
exogenous values of adverse selection under Consent Law, and the repeated interactions experiment devised has not resulted in …
Persistent link: https://www.econbiz.de/10010433974
We report experimental evidence on the voluntary provision of public goods under threshold uncertainty. By explicitly comparing two prominent technologies, summation and weakest link, we show that uncertainty is particularly detrimental to threshold attainment under weakest link, where low...
Persistent link: https://www.econbiz.de/10012696938
related testable predictions, and design an experiment based on a variant of the dictator game that tests for empirical …
Persistent link: https://www.econbiz.de/10011987998
We study how punishment influences conditional cooperation. We ask two questions: 1) how does conditional cooperation change if a subject can be punished and 2) how does conditional cooperation change if a subject has the power to punish others. In particular, we disentangle the decision to be a...
Persistent link: https://www.econbiz.de/10011864590
The paper studies whether a drought in 1788 affected the outbreak of peasant revolts during the French Revolution. I construct a community-level data set with information on local drought severity and peasant uprisings in 1789. Results indicate that those more affected by the drought more often...
Persistent link: https://www.econbiz.de/10014227758
I consider a model in which an asset owner must decide how much to invest in his asset mindful of the fact that an encroacher's valuation of the asset is increasing in the asset owner's investment. Due to incomplete property rights, the encroacher and asset owner engage in a contest over the...
Persistent link: https://www.econbiz.de/10003861788