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We use experiments to test comparative statics predictions of canonical tournament theory. Both the roles of principal and agent are populated by human subjects, allowing us to test predictions for both incentive responses and optimal tournament design. Consistent with theory, we observed an...
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This article examines behavior in the two-player, constant-sum Colonel Blotto game with asymmetric resources in which players maximize the expected number of battlefields won. The experimental results support all major theoretical predictions. In the auction treatment, where winning a...
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single random target is attacked - more than 80% of the time. Under the lottery CSF, attackers utilize the stochastic … guerilla warfare strategy almost 45% of the time, contrary to the theoretical prediction of an equal allocation of forces …
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