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The emergence of competition is a defining aspect of human nature and characterizes many important social environments …
Persistent link: https://www.econbiz.de/10012022084
The emergence of competition is a defining aspect of human nature and characterizes many important social environments …
Persistent link: https://www.econbiz.de/10012007781
This paper analyzes a tug of war contest between two teams. In each round of the tug of war a pair of agents from the opposing teams competes in a private value all-pay auction with asymmetric type distributions and effort effectiveness. Whichever team arrives first at a given lead in terms of...
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This paper analyzes a tug-of-war contest between two teams. In each round of the tug of war a pair of agents from the opposing teams competes in a private value all-pay auction with asymmetric type distributions and effort effectiveness. Whichever team arrives first at a given lead in terms of...
Persistent link: https://www.econbiz.de/10013003550
Persistent link: https://www.econbiz.de/10012208911