Showing 1 - 10 of 546
on the technologies of conflict within each battlefield and the nature of economies or diseconomies in how battlefield … out-comes and costs aggregate in determining payoffs in the overall conflict. -- conflict, contest ; battlefield ; Colonel …
Persistent link: https://www.econbiz.de/10008696768
. -- conflict ; all-pay auction ; identity-dependent externalities ; radicalism ; extremism ; contest success function … modeled as all-pay auctions with identity-dependent externalities. In this context, we define centrists and radicals using a …, we show that substituting the auction contest success function for the lottery contest success function in a conflict may …
Persistent link: https://www.econbiz.de/10009533958
modeled as all-pay auctions with identity-dependent externalities. In this context, we define centrists and radicals using a …, we show that substituting the auction contest success function for the lottery contest success function in a conflict may … radicals. Our results demonstrate the importance of the choice of the institutions of conflict, as modeled by the contest …
Persistent link: https://www.econbiz.de/10013106913
on the technologies of conflict within each battlefield and the nature of economies or diseconomies in how battlefield … out-comes and costs aggregate in determining payoffs in the overall conflict …
Persistent link: https://www.econbiz.de/10013316164
This paper considers incentives for information acquisition ahead of conflicts. First, we characterize the (unique) equilibrium of the all-pay auction between two players with one-sided asymmetric information where one player has private information about his valuation. Then, we use ou rresults...
Persistent link: https://www.econbiz.de/10003950481
by which the allocation of prizes are governed by possibly repeated conflict. Our results contribute to an explanation … why. Compared to a single stage conflict, such structures can reduce the overall resources that are dissipated among the …
Persistent link: https://www.econbiz.de/10010365876
We study equilibrium in a multistage race in which players compete in a sequence of simultaneous move component contests. Players may win a prize for winning each component contest, as well as a prize for winning the overall race. Each component contest is an all-pay auction with complete...
Persistent link: https://www.econbiz.de/10010365877
This paper analyzes bidding fee auctions --- an auction format in which bidders pay a fee every time they bid. In these auctions, the prize value diminishes as the auction progresses, and the person who pays the most does not necessarily win. Bidding fee auction websites are an increasingly...
Persistent link: https://www.econbiz.de/10013104404
no incentive to exclude bidders, even if they are nearly certain to default; (iii) buyer reputation systems reward … bidders with a reputation for defaulting, counter to the idea of deterring such behavior. Our auction experiments support …
Persistent link: https://www.econbiz.de/10012237211
This paper studies the role of communication and reputation in market interactions using data from online procurement … auctions. Not only positive reputation ratings but also engaging in communication increases a bidder’s probability of winning …
Persistent link: https://www.econbiz.de/10014182497