Showing 1 - 10 of 18
Persistent link: https://www.econbiz.de/10003852722
Persistent link: https://www.econbiz.de/10003879978
Persistent link: https://www.econbiz.de/10008905794
Persistent link: https://www.econbiz.de/10003385093
Persistent link: https://www.econbiz.de/10010528906
Persistent link: https://www.econbiz.de/10009657479
We study an all-pay contest with multiple identical prizes ("lifeboat seats"). Prizes are partitioned into subsets of prizes ("lifeboats"). Players play a two-stage game. First, each player chooses an element of the partition ("a lifeboat"). Then each player competes for a prize in the subset...
Persistent link: https://www.econbiz.de/10009407607
Persistent link: https://www.econbiz.de/10003218121
We characterize the unique Markov perfect equilibrium of a tug-of-war without exogenous noise, in which players have the opportunity to engage in a sequence of battles in an attempt to win the war. Each battle is an all-pay auction in which the player expending the greater resources wins. In...
Persistent link: https://www.econbiz.de/10003202472
Persistent link: https://www.econbiz.de/10003096073