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Failures of government policies often provoke opposite reactions from citizens; some call for a reversal of the policy while others favor its continuation in stronger form. We offer an explanation of such polarization, based on a natural bimodality of preferences in political and economic...
Persistent link: https://www.econbiz.de/10010281383
Failures of government policies often provoke opposite reactions from citizens; some call for a reversal of the policy while others favor its continuation in stronger form. We offer an explanation of such polarization, based on a natural bimodality of preferences in political and economic...
Persistent link: https://www.econbiz.de/10003426464
diametrically opposed. We apply two benchmark contest success functions (CSFs): the auction CSF and the lottery CSF. Consistent with …
Persistent link: https://www.econbiz.de/10013136881
We experimentally test the qualitatively different equilibrium predictions of two theoretical models of attack and … successfully and the defender's objective is to defend all targets. The models differ in how the conflict at each target is modeled … — specifically, the lottery and auction contest success functions (CSFs). Consistent with equilibrium in the auction CSF model …
Persistent link: https://www.econbiz.de/10012910261
This commentary complements the article by De Dreu and Gross (2019) from the perspectives of behavioral economics and game theory. It aims to provide a bridge between the psychology / neuroscience research with that of economic research in attack-and-defense by stipulating relevant literature,...
Persistent link: https://www.econbiz.de/10012823439
incorporating behavioral dimensions into the rent-seeking contest, such as (1) the utility of winning, (2) relative payoff …
Persistent link: https://www.econbiz.de/10013050579
The attack and defense game is a game in which an attacker (a group of attackers) has an incentive to revise the status quo and a defender (a group of defenders) wants to protect it. The asymmetry in objectives creates incompatible interests and results in a mixed-strategy Nash equilibrium....
Persistent link: https://www.econbiz.de/10012864020
side, by magnifying the prevalence of anti-social behavior towards outsiders. A large-scale experiment implemented in …
Persistent link: https://www.econbiz.de/10011949115
Persistent link: https://www.econbiz.de/10011477377
authority and responder. Both players in each pair have earned an income in an individual real effort decision-making experiment …
Persistent link: https://www.econbiz.de/10009781606