Similar Search Results

Indefinitely Repeated Contests : An Experimental Study

Brookins, Philip - 2020

We experimentally explore indefinitely repeated contests. Theory predicts more cooperation, in the form of lower … this result attenuates with contest experience. Theory also predicts more cooperation in indefinitely repeated contests … compared to finitely repeated contests of the same expected length, and we find empirical support for this. Finally, theory …

Persistent link: https://www.econbiz.de/10012852873

Tacit Collusion in Repeated Contests with Noise

Boudreau, James - 2015

We analyze the determinants of tacit collusion in an infinitely repeated contest with noise in the contest success function. Sustaining collusion via Nash reversion strategies is easier the more noise there is, and is more difficult the larger is the contest's prize value. An increase in the...

Persistent link: https://www.econbiz.de/10013019212

Structural Equilibrium Characterization in the 'Perpetual Race to Stay Ahead'

Metcalf, Christopher J. - 2009

I find new results for the `Perpetual Race' analyzed in Horner 2004. The 'Perpetual Race' is an infinite horizon stochastic state space game for which Markov Perfect equilibria are characterized. My results characterize equilibrium strategy structure in a previously unexplored parameter region...

Persistent link: https://www.econbiz.de/10014203934

Gatekeeper Competition

Muller-Itten, Michele - 2020

I model access to influence as a two-sided matching market between a continuum of experts and two vertically differentiated gatekeepers under sequential directed search. Real-world examples include academic publishing, venture capital, job search or political agenda setting. The equilibrium is...

Persistent link: https://www.econbiz.de/10012852213

Repeated contests with draws

Franke, Jörg; Metzger, Lars - 2023

We consider a simple contest game with draws where with some probability none of the contestants is selected as winner. If such an outcome occurs, then the contest is repeated in the next period unless either one of the contestants wins the prize or until a final last period is reached. Allowing...

Persistent link: https://www.econbiz.de/10014285495

The Collective Action Problem : Within-group Cooperation and Between-group Competition in a Repeated Rent-Seeking Game

Cheikbossian, Guillaume - 2008

This paper analyzes the ability of group members to cooperate in rent-seeking in a context of between-group competition. For this purpose, we develop an infinitely repeated rent-seeking model with two groups where within-group cooperation is supported through the use of a double-edged trigger...

Persistent link: https://www.econbiz.de/10014219131

Informationsaustausch und trotzdem Wettbewerb? Unternehmensverhalten bei Nachfrageunsicherheit

Hornig, Stephan O. - 1999

Unternehmen müssen nicht immer Kollusionsabsichten verfolgen, wenn sie untereinander Informationen austauschen. Dieser Beitrag zeigt, daß bei Nachfrageunsicherheit auch strikt kompetitive Konkurrenten private Informationen bezüglich ihrer Nachfragebedingungen preisgeben. Dies läßt sich in...

Persistent link: https://www.econbiz.de/10010305090

The enemy of my enemy

Stringhi, Alessandro; Gil-Gallen, Sara; Albertazzi, Andrea - 2025

This paper studies how competition between groups affects cooperation. In the control condition, pairs of subjects play an indefinitely repeated Prisoner's Dilemma game without external competition. In the treatment, two pairs compete against each other. No monetary rewards are tied to winning,...

Persistent link: https://www.econbiz.de/10015190245

Reputation and competition

Hörner, Johannes - 1999

Persistent link: https://www.econbiz.de/10001377173

Modelling the entry and exit process in dynamic competition : an introduction to repeated-commitment models

Ponssard, Jean-Pierre - In: Market structure and competition policy : …, (pp. 215-231). 2000

Persistent link: https://www.econbiz.de/10001597494