Showing 51 - 60 of 158
level of resources across a set of contests. In the traditional formulation of the Colonel Blotto game, the players …' resources are use it or lose it" in the sense that any resources which are not allocated to one of the contests are forfeited …
Persistent link: https://www.econbiz.de/10010264422
One possible solution to mitigate the negative influences of conflict which has been proposed in the literature is to subject the relevant parties to education. Education can take two forms: increasing an individual's human capital on the one hand, increasing her social capital on the other...
Persistent link: https://www.econbiz.de/10010264810
I consider a model in which an asset owner must decide how much to invest in his asset mindful of the fact that an encroacher's valuation of the asset is increasing in the asset owner's investment. Due to incomplete property rights, the encroacher and asset owner engage in a contest over the...
Persistent link: https://www.econbiz.de/10010265975
Many economic and political decisions are the outcome of strategic contests for a given prize. The nature of such … contests can be determined by a designer who is driven by political considerations with a specific political culture. The main …
Persistent link: https://www.econbiz.de/10010274640
We analyze equilibria of two-player contests where players have intention-based preferences. We find that players …
Persistent link: https://www.econbiz.de/10010291500
Many economic and political decisions are the outcome of strategic contests for a given prize. The nature of such … contests can be determined by a designer who is driven by political considerations with a specific political culture. The main …
Persistent link: https://www.econbiz.de/10010274763
The present paper analyzes situations in which groups compete for rents. A major result in the literature has been that there are both cases where larger groups have advantages and cases where they have disadvantages. The paper provides two intuitive criteria which for groups with homogenous...
Persistent link: https://www.econbiz.de/10010274810
We define an indirect evolutionary approach formally and apply it to (Tullock) contests. While it is known (Leininger …-player contests. The evolutionarily stable preferences (ESP) of the indirect approach turn out to be negatively interdependent …
Persistent link: https://www.econbiz.de/10010275036
experimental rent-seeking contests. Although, as we show, existing evidence of excessive rent-seeking is in theory compatible with …
Persistent link: https://www.econbiz.de/10010277465
This paper investigates mechanisms for the private provision of a public good which utilize competition to incentivize contributions. Theory predicts that 'all-pay' competition is particularly effective for fundraising. Within this class of mechanisms different types of lotteries and all-pay...
Persistent link: https://www.econbiz.de/10010277471