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A class of N-player Colonel Blotto games with multidimensional private information

Ewerhart, Christian; Kovenock, Daniel J. - 2021

In this paper, we study N-player Colonel Blotto games with incomplete information about battlefield valuations. Such games arise in job markets, research and development, electoral competition, security analysis, and conflict resolution. For M Ï N + 1 battlefields, we identify a Bayes-Nash...

Persistent link: https://www.econbiz.de/10012439349

The German Mittelstand: Antithesis to the Silicon Valley entrepreneurship model?

Pahnke, André; Welter, Friederike - 2019

in Germany praises the Silicon Valley model of entrepreneurship, contrasting the Mittelstand as low-growth, low-tech and … is the antithesis to the Silicon Valley entrepreneurship model. We show that Mittelstand is more than a small and medium … the Mittelstand is an excellent example of everyday entrepreneurship and a vibrant segment of economy which is also …

Persistent link: https://www.econbiz.de/10011985030

The impact of firm performance on the business transfer mode

Kay, Rosemarie; Pahnke, André; Schlepphorst, Susanne - 2018

This paper analyzes the impact of family firms' past and future economic viability on the incumbents' decision on the business transfer mode. Using the German IAB Establishment Panel and estimating logistic regression models we show that the decision on the business transfer mode rather depends...

Persistent link: https://www.econbiz.de/10011883484

Im Auge des Betrachters? Warum wir zwischen KMU und Mittelstand unterscheiden müssen

Pahnke, André; Welter, Friederike; Audretsch, David B. - 2021

entrepreneurship literature by challenging this false equation of Mittelstand and SMEs. We investigate different approaches to analyze …

Persistent link: https://www.econbiz.de/10012795751

Family business succession planning: Are the outcomes dependent on the predominant gender in the management board?

Kay, Rosemarie; Pahnke, André; Welter, Friederike - 2024

this context, research on women's entrepreneurship, however, suggests that women-led businesses may be less economically …

Persistent link: https://www.econbiz.de/10015066226

Voluntary disclosure in unfair contests

Ewerhart, Christian; Grünseis, Julia - 2018

This paper studies incentives for the interim voluntary disclosure of verifiable information in probabilistic all-pay contests. Considered are unfair contests, i.e., contests in which, subject to activity conditions, one player (the favorite) is interim always more likely to win than the other...

Persistent link: https://www.econbiz.de/10011969190

A class of N-player Colonel Blotto games with multidimensional private information

Ewerhart, Christian; Kovenock, Daniel J. - 2019

We consider a class of incomplete-information Colonel Blotto games in which N Ï 2 agents are engaged in (N + 1) battlefields. An agent's vector of battlefield valuations is drawn from a generalized sphere in Lp-space. We identify a Bayes-Nash equilibrium in which any agent's resource allocation...

Persistent link: https://www.econbiz.de/10012140663

Voluntary disclosure in unfair contests

Ewerhart, Christian; Grünseis, Julia - 2021

This paper studies the incentives for interim voluntary disclosure of verifiable information in probabilistic all-pay contests. Provided that the contest is uniformly asymmetric, full revelation is the unique perfect Bayesian equilibrium outcome. This is so because the weakest type of the...

Persistent link: https://www.econbiz.de/10012420693

Voluntary disclosure in asymmetric contests

Ewerhart, Christian; Lareida, Julia - 2023

This paper studies the incentives for interim voluntary disclosure of verifiable information in probabilistic all-pay contests with two-sided incomplete information. Private information may concern marginal cost, valuations, and ability. Our main result says that, if the contest is uniformly...

Persistent link: https://www.econbiz.de/10014333781