Showing 1 - 10 of 548
testosterone, estradiol, progesterone, and cortisol in more than 200 subjects. Females bid significantly higher and earn …. Surprisingly, we have null findings for testosterone as well as estradiol and cortisol. Controlling for risk aversion does not …
Persistent link: https://www.econbiz.de/10010288481
The theoretical literature on collusion in auctions suggests that the first-price mechanism can deter the formation of bidding rings. In equilibrium, collusive negotiations are either successful or are avoided altogether, hence such analysis neglects the effects of failed collusion attempts. In...
Persistent link: https://www.econbiz.de/10011380984
Colonel Blotto games with discrete strategy spaces effectively illustrate the intricate nature of multidimensional strategic reasoning. This paper studies the equilibrium set of such games where, in line with prior experimental work, the tie-breaking rule is allowed to be flexible. We begin by...
Persistent link: https://www.econbiz.de/10014512633
players imitate successful opponents. We postulate that players sometimes rely on imitation of successful behavior, and …
Persistent link: https://www.econbiz.de/10012244618
preferences requires an improved understanding. We conduct an experiment in which individuals in small laboratory "societies …
Persistent link: https://www.econbiz.de/10013164121
While the game-theoretic analysis of conflict is often based upon the assumption of multiplicative noise, additive noise such as assumed by Hirshleifer (1989) may be equally plausible depending on the application. In this paper, we examine the equilibrium set of the n-player difference-form...
Persistent link: https://www.econbiz.de/10013441508
Citizens political participation to protests is a crucial issue for any political system, whether democratic or autocratic. Political systems have different ways of dealing with citizens' protests, determining cost and benefit of public dissent, responding to public requests and allowing...
Persistent link: https://www.econbiz.de/10013470517
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
In this paper we consider a deterministic complete information two groups contest where the effort choices made by the teammates are aggregated into group performance by the weakest-link technology (perfect complementarity), that is a "max-min group contest", as defined by Chowdhury et al....
Persistent link: https://www.econbiz.de/10014577270
We study effort provision and incentivisation in a Tullock group-contest with m Ï 2 groups that differ in size. A novel algorithmic procedure is presented that, under a symmetry assumption, explicitly characterises the equilibrium. Endogenous, optimal incentivisation schemes are then...
Persistent link: https://www.econbiz.de/10014577302