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Endogenous Timing in General Rent-Seeking and Conflict Models

Hoffmann, Magnus; Rota Graziosi, Gregoire - Volkswirtschaftliche Fakultät, … - 2010

This paper examines simultaneous versus sequential choice of effort in a two player contest with a general contest success function. The timing of moves, determined in a pre-play stage prior to the contest-subgame, as well as the value of the prize is allowed to be endogenous. Contrary to...

Persistent link: https://www.econbiz.de/10008493030

Endogenous Timing in Strategic Environmental Policymaking

Hattori, Keisuke; Kitamura, Takahiro - Volkswirtschaftliche Fakultät, … - 2011

In this paper, we endogenize the timing of policymaking in a simple two-country model of strategic environmental policy. We consider a timing game in which two policymakers non-cooperatively decide their preferred sequence of moves before setting emission tax rates. We show that whether the...

Persistent link: https://www.econbiz.de/10008855246

Waiting to Cooperate?

Kaplan, Todd; Ruffle, Bradley; Shtudiner, Zeev - Volkswirtschaftliche Fakultät, … - 2013

Sometimes cooperation between two parties requires exactly one to cede to the other. If the decisions whether to cede are made simultaneously, then neither or both may acquiesce leading to an inefficient outcome. However, inefficiency may be avoided if a party can wait to see what the other...

Persistent link: https://www.econbiz.de/10011108744

Making Sense of the Experimental Evidence on Endogenous Timing in Duopoly Markets

Santos-Pinto, Luís - Volkswirtschaftliche Fakultät, … - 2006

The prediction of asymmetric equilibria with Stackelberg outcomes is clearly the most frequent result in the endogenous timing literature. Several experiments have tried to validate this prediction empirically, but failed to find support for it. By contrast, the experiments find that...

Persistent link: https://www.econbiz.de/10005260191

Learning to Make Strategic Moves: Experimental Evidence

Poulsen, Anders - Volkswirtschaftliche Fakultät, … - 2007

Do players in practice make the strategic commitment moves that are predicted by game theory? Since such strategic moves can appear somewhat counter-intuitive, we conducted an experiment to see if people make the predicted strategic move. The experiment uses a simple bargaining situation. A...

Persistent link: https://www.econbiz.de/10005622106

The Social Benefit of War

Hoffmann, Magnus - Volkswirtschaftliche Fakultät, … - 2007

Recent findings in economic theory show that cooperation (settlement) between two identical players with conflicting interests in a valuable and contestable resource always Pareto dominates violent dispute (war), given that cooperation is presented using a symmetric bargaining norm. Necessary...

Persistent link: https://www.econbiz.de/10005836940

Argumentation Quantity and Quality: A Litigation Success Function

Osório-Costa, António M. - Volkswirtschaftliche Fakultät, … - 2015

Arguments are statements used to persuade someone or in support of a claim. However, these are not perfect and part are be exploited by the opponent to build its own argumentation. In this paper we present a litigation success function (LSF) that considers the quality of the plainti¤ and...

Persistent link: https://www.econbiz.de/10011212784

Essays on Experimental Investigation of Lottery Contests

Sheremeta, Roman - Volkswirtschaftliche Fakultät, … - 2009

. The variety of economic situations that can be described as contests has attracted enormous attention from economic … theorists. Despite the extensive theoretical research of contests, very little empirical research has been done to evaluate the … simultaneous lottery contests: a grand contest, two multiple prize settings (equal and unequal prizes), and a contest which …

Persistent link: https://www.econbiz.de/10011259262

Why can’t we be friends? Entitlements and the costs of conflict

Kimbrough, Erik; Sheremeta, Roman - Volkswirtschaftliche Fakultät, … - 2014

We design an experiment to explore the impact of earned entitlements on the frequency and intensity of conflicts in a two-stage conflict game where players may attempt to use non-binding side-payments to avoid conflict. In this game, Proposers make offers and Responders decide simultaneously...

Persistent link: https://www.econbiz.de/10011260731

The Role of Search Engine Optimization in Search Rankings

Berman, Ron; Katona, Zsolt - Volkswirtschaftliche Fakultät, … - 2010

Web sites invest significant resources in trying to influence their visibility in online search results. We study the economic incentives of Web sites to invest in this process known as search engine optimization. We focus on methods that improve sites' ranking among the search results without...

Persistent link: https://www.econbiz.de/10008615611