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There are situations in which competitors ally to pursue a common objective. This simultaneous presence of cooperation and competition is called coopetition and we study it theoretically and experimentally in a group contest setup. More concretely, we analyze a group contest with a new sharing...
Persistent link: https://www.econbiz.de/10012016453
depending on their valuations. In particular, we identify suffcient conditions for positive sorting, meaning that the share of … that negative rather than positive sorting may arise in equilibrium. Further results show how incumbency rents and sorting …
Persistent link: https://www.econbiz.de/10011569559
This paper investigates how heterogeneity in contestants' investment costs affects the competition intensity in a …
Persistent link: https://www.econbiz.de/10010485338
This paper investigates how heterogeneity in contestants ́investment costs affects the competition intensity in a …
Persistent link: https://www.econbiz.de/10010199750
This paper investigates how heterogeneity in contestants' investment costs affects the competition intensity in a …
Persistent link: https://www.econbiz.de/10010194825
We investigate how heterogeneity in contestants' investment costs affects competition expenditures in a dynamic … lower when competitors are heterogeneous than when they are homogeneous. Cost heterogeneity influences expenditures directly … contestants with low investment costs: they incorporate the heterogeneity and the differences in continuation values when …
Persistent link: https://www.econbiz.de/10014261161
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Persistent link: https://www.econbiz.de/10013488633
In this paper, a group contest is analyzed, where the groups are allowed to determine their sharing rules either sequentially or simultaneously. It is found that in case the more numerous group determines its sharing rule prior to the smaller group, rent dissipation in the group contest is...
Persistent link: https://www.econbiz.de/10010366540