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Hodler, Roland; Yektaş, Hadi - 2013

Wars of conquest and wars of independence are characterized by an asymmetric payoff structure: one party gets aggregate production if it wins, and its own production if it loses, while the other party gets only its own production if it wins, and nothing if it loses. We study a model of war with...

Persistent link: https://www.econbiz.de/10009754525

Can competition reduce conflict?

Garg, Teevrat; Gennaioli, Caterina; Lovo, Stefania; … - 2023

We examine the effect of inter-group fiscal competition on within-group violent conflict. Using a triple difference … that higher competition between villages reduces conflict but only up to moderate levels of competition. The conflict …

Persistent link: https://www.econbiz.de/10014315060

Competition of Accounting Standards, Comparability of Financial Information, and Critical Masses : An Evolutionary Approach

Kuhner, Christoph - 2010

Persistent link: https://www.econbiz.de/10013141029

Tacit Collusion in Repeated Contests with Noise

Boudreau, James - 2015

We analyze the determinants of tacit collusion in an infinitely repeated contest with noise in the contest success function. Sustaining collusion via Nash reversion strategies is easier the more noise there is, and is more difficult the larger is the contest's prize value. An increase in the...

Persistent link: https://www.econbiz.de/10013019212

On the Evolution of Prize Perceptions in Contests

Boudreau, James; Shunda, Nicholas - 2010

We apply an indirect evolutionary approach to player’ perceived prize valuations in contests. Evolution in finite populations leads to preferences that overstate the prize’s material value and induce overexpenditure. We establish an equivalence between the behavior evolutionarily stable...

Persistent link: https://www.econbiz.de/10014191943

Willingness to Fight on : Environmental Quality in Dynamic Contests

Liu, Haoming; Lu, Jingfeng; Salvo, Alberto - 2023

We show that the prevalence of prolonged tennis contests drops sharply when the ambient environment deteriorates through heat or pollution. We develop a multi-battle dynamic model to investigate how the disutility from a protracted competition shapes agents' willingness to fight on. Our theory...

Persistent link: https://www.econbiz.de/10014345053

Behavior in Contests

Sheremeta, Roman M. - 2014

Standard theoretical prediction is that rational economic agents participating in rent-seeking contests should engage in socially inefficient behavior by exerting costly efforts. Experimental studies find that the actual efforts of participants are significantly higher than predicted and that...

Persistent link: https://www.econbiz.de/10013050579

Contests with Network Externalities : Theory & Evidence

Boosey, Luke; Brown, Christopher - 2021

We study competitive behavior in all-pay Tullock (1980) contests with identity-dependent externalities (IDEs) governed by a fixed network. First, we introduce a model of network contest games, in which the prize generates an externality---which may be positive or negative---that impacts each...

Persistent link: https://www.econbiz.de/10013218632

A theory of reciprocity

Falk, Armin; Fischbacher, Urs - 2001

This paper presents a formal theory of reciprocity. Reciprocity means that people reward kind actions and punish unkind ones. The theory takes into account that people evaluate the kindness of an action not only by its consequences but also by the intention underlying this action. The theory...

Persistent link: https://www.econbiz.de/10011398368

Market competition and efficient cooperation

Brandts, Jordi; Riedl, Arno - 2016

cooperation in a subsequent social dilemma game. The issues we study are part of the broader topic of whether there are behavioral … cooperation for pairs of market-winners, market-losers and mixed pairs and study both the cases where interaction in the social … experience has adverse effects on the efficiency of cooperation on both market-winner and market-loser pairs. In market …

Persistent link: https://www.econbiz.de/10011414636

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