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collective action in the context of finitely repeated intergroup conflict and demonstrate that conflict expenditures are …
Persistent link: https://www.econbiz.de/10010281661
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...
Persistent link: https://www.econbiz.de/10010265974
While numerous experiments demonstrate how pro-sociality can influence economic decision-making, evidence on explicitly … experimental rent-seeking contests. Although, as we show, existing evidence of excessive rent-seeking is in theory compatible with …
Persistent link: https://www.econbiz.de/10010277465
deterministic contests average expenditures converge to equilibrium levels when subjects only get feedback about own earnings, and … additional feedback about rivals' choices and earnings raises average expenditures. In stochastic contests information feedback …
Persistent link: https://www.econbiz.de/10010392399
very different effects depending on the contest structure. We observe the highest rent dissipation in stochastic contests … when players only get feedback on own choices and earnings. In these contests aggregate expenditures usually exceed the …. In contrast, in deterministic contests average expenditures converge to equilibrium levels when subjects only get …
Persistent link: https://www.econbiz.de/10010392436
We consider a two group contest over a group specific public good where each member of a group has a different benefit from the good. Our model can be interpreted in two ways: Each of the players has a non-linear investment cost in the contest, or alternatively, the returns to effort are...
Persistent link: https://www.econbiz.de/10010336001
Many economic and political decisions are the outcome of strategic contests for a given prize. The nature of such … contests can be determined by a designer who is driven by political considerations with a specific political culture. The main …
Persistent link: https://www.econbiz.de/10010336030
We consider a two group contest over a group specific public good comparing two situations: (i) when all players act independently; and (ii) when the players of each group cooperate. This comparison leads us to the conclusion that it is possible for one group to contribute more (and have a...
Persistent link: https://www.econbiz.de/10010336057
We introduce three variations of the Hirshleifer-Skaperdas conflict game to study experimentally the effects of post-conflict … altogether, often after substantial initial conflict. To attain peace, players must first engage in costly signaling by making …
Persistent link: https://www.econbiz.de/10010319553
such as race, gender, or ethnicity is much less acceptable. Why? I develop a simple rent-seeking model of conflict which is …
Persistent link: https://www.econbiz.de/10010264357