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The discipline of modeling has advanced only slowly compared to disciplines concerned with analyzing and solving models once they are brought into being. Structured Modeling is an attempt to redress this imbalance. Structured Modeling aims to provide a formal mathematical framework and...
Persistent link: https://www.econbiz.de/10009208783
What is the best way to design tournaments for status, in which individuals labor primarily for the esteem of their peers? What process, in other words, should organizers of status-based contests impose upon those who covet peer recognition? We propose a formal model of status-based competition...
Persistent link: https://www.econbiz.de/10009191403