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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

Regional entrepreneurship: Pain or gain for economic growth?

Dienes, Christian; Schneck, Stefan; Wolter, Hans-Jürgen - 2024

entrepreneurship, which might be responsible for different effects of start-up activity on regional development. Therefore, we examine … the growth implications rural entrepreneurship might have on the local economy. Our results suggest that new business … counties. The results also unveil that the often-cited inverse U-shaped relationship between entrepreneurship and GDP growth is …

Persistent link: https://www.econbiz.de/10014464092

The economic contribution of start-up firms in Germany

Schneck, Stefan; May-Strobl, Eva - 2014

This paper utilizes German tax data to present evidence about the direct and indirect effects of new firm formation. Cohort analysis is applied to investigate survival, sales, inputs, and value added of start-up firms. Most drop-outs occur in the early years. We show that start-up...

Persistent link: https://www.econbiz.de/10010369574

Times are a changin'? The emergence of new firms and rank persistence

Schneck, Stefan - 2018

Young firms are known to grow at a faster rate than incumbents. With administrative firm data from Germany, we show that the higher growth rates indeed translate into upward mobility within the firm size distribution. Young firms are therefore not only able to catch up, but also to grow larger...

Persistent link: https://www.econbiz.de/10011779787

Suprinovič, Olga; Schneck, Stefan; Kay, Rosemarie - 2015

This paper analyzes how statutory entitlements to maternity or parental leave affect female entry into self-employment after childbirth. For our estimations we use comprehensive panel data for German adults born between 1944 and 1989. We find that utilization of statutory parental leave...

Persistent link: https://www.econbiz.de/10011291855

The effect of self-employment on income inequality

Schneck, Stefan - 2018

It is well known that the self-employed are over-represented at the bottom as well as the top of the income distribution. This paper shifts the focus from the income situation of the self-employed to the distributive effects of a change in self-employment rates. With representative German data...

Persistent link: https://www.econbiz.de/10011947605

Income loss among the self-employed: Implications for individual wellbeing and pandemic policy measures

Schneck, Stefan - 2021

Due to the pandemic-induced economic crisis, self-employed individuals are currently suering considerable income losses. The self-employed and the members in their households usually form an economic unit. As a consequence, the income cuts not only aect the self-employed themselves but also the...

Persistent link: https://www.econbiz.de/10012745117

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