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We study a non-symmetric variant of General Lotto games introduced in Hart (Int J Game Theory 36:441–460, <CitationRef CitationID="CR7">2008</CitationRef>). We provide a complete characterization of optimal strategies for both players in non-symmetric discrete General Lotto games, where one of the players has an advantage over the...</citationref>
Persistent link: https://www.econbiz.de/10010993352
I consider competitions in which, conditional on winning or losing, the effort exerted by a competitor does not necessarily decrease his payoff. This happens, for example, in competitions for promotions in which workers are intrinsically motivated, and in research and development races in which...
Persistent link: https://www.econbiz.de/10010993377