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effort and sabotage on a prize set by a principal) is extended to allow for coalitions. Using a sequential coalition … formation model with a coalition externality (larger coalitions make self-enforcing sabotage and synergy strategies more … effective), coalition members coordinate their sabotage-synergy activities. Our main result is a sufficient condition for the …
Persistent link: https://www.econbiz.de/10014072263
We investigate the incentives for social communication in the new social media technologies. Three features of online … social communication are represented in the model. First, new social media platforms allow for increased connectivity: i … attention of receivers. An important point of the paper is that social communication incentives diminish even as the reach or …
Persistent link: https://www.econbiz.de/10014038352
In this paper a tournament between teams (a collective tournament) is analyzed, where each contestant may spend productive effort in order to increase his team's performance or sabotage the members of the opponent team. It is shown that sabotaging the weaker members of a team always decreases...
Persistent link: https://www.econbiz.de/10010366553
Considered are imperfectly discriminating contests in which players may possess private information about the primitives of the game, such as the contest technology, valuations of the prize, cost functions, and budget constraints. We find general conditions under which a given contest of...
Persistent link: https://www.econbiz.de/10012936799
Szidarovszky and Okuguchi (Games and Economic Behavior, 1997) have provided useful conditions for the existence of a unique pure-strategy Nash equilibrium in rent-seeking games of complete information. In this paper, we generalize their results to contests with incomplete informa tion. Two...
Persistent link: https://www.econbiz.de/10010208517
-binding price requests. Using a laboratory experiment, we examine how competition moderates the way such cheap-talk communication … granularity effects of cheap-talk communication on negotiation outcomes. Our results show that most of these effects survive with …
Persistent link: https://www.econbiz.de/10014299618
out actual competitive activities. This paper investigates players' incentives to conduct such pre-contest communication …
Persistent link: https://www.econbiz.de/10013119001
I study a multi-sender signaling game between an uninformed decision maker and two senders with common private information and conflicting interests. Senders can misreport information at a cost that is tied to the size of the misrepresentation. The main results concern the amount of information...
Persistent link: https://www.econbiz.de/10013463788
Using a promotion signaling model in which wages are realistically shaped by market forces, we analyze how male overconfidence combined with competitive workplace incentives affects gender equality in the labor market. Our main result is that overconfident workers exert more effort to be...
Persistent link: https://www.econbiz.de/10014233644
Gender differences in overconfidence are well documented in the empirical literature, but their impact on labor market outcomes remains underexplored. We provide new insights into how behavioral biases interact with career dynamics by presenting a theoretical analysis of how men's relatively...
Persistent link: https://www.econbiz.de/10015133938