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This paper experimentally examines behavior in a two-player game of attack and defense of a weakest-link network of targets, in which the attacker's objective is to successfully attack at least one target and the defender's objective is diametrically opposed. We apply two benchmark contest...
Persistent link: https://www.econbiz.de/10008697819
We provide an overview of experimental literature on lottery contests and point out the two main phenomena observed in most contest experiments: overbidding relative to the standard Nash equilibrium prediction and heterogeneous behavior of ex-ante symmetric contestants. Based on the sample of...
Persistent link: https://www.econbiz.de/10014162119
This paper experimentally examines behavior in a two-player game of attack and defense of a weakest-link network of targets, in which the attacker's objective is to successfully attack at least one target and the defender's objective is diametrically opposed. We apply two benchmark contest...
Persistent link: https://www.econbiz.de/10013136881
We experimentally test the qualitatively different equilibrium predictions of two theoretical models of attack and defense of a weakest-link network of targets. In such a network, the attacker's objective is to assault at least one target successfully and the defender's objective is to defend...
Persistent link: https://www.econbiz.de/10012910261
This paper experimentally examines behavior in a two-player game of attack and defense of a weakest-link network of targets, in which the attacker's objective is to successfully attack at least one target and the defender's objective is diametrically opposed. We apply two benchmark contest...
Persistent link: https://www.econbiz.de/10010274929
a real‐effort laboratory experiment, we cleanly identify the causal effect of an early success in a competition. We …
Persistent link: https://www.econbiz.de/10012807751
We run an experiment that gives subjects the opportunity to hedge away ambiguity in an Ellsberg-style experiment …
Persistent link: https://www.econbiz.de/10011616236
former is more flexible, but the latter is often preferred for its simplicity. We conduct an experiment where subjects place …
Persistent link: https://www.econbiz.de/10012112248
This paper analyzes responsibility attributions for outcomes of collective decision making processes. In particular, we ask if decision makers are blamed for being pivotal if they implement an unpopular outcome in a sequential voting process. We conduct an experimental voting game in which...
Persistent link: https://www.econbiz.de/10010243444
Using a laboratory experiment with nested local and global public goods, we analyze the stability of global groups when …
Persistent link: https://www.econbiz.de/10011803271