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The authors study conflict on multiple fronts. A defending player needs to successfully defend all fronts, and an attacker needs to win at only one. Multiple fronts result in a considerable disadvantage for the defending player, and even if there is a defense advantage at each of them, the...
Persistent link: https://www.econbiz.de/10011136196
We investigate a multi-period contest model in which a contestant.s present success gives an advantage over a rival in the future. How this win advantage affects contestants.efforts, and whether the laggard gives up or keep on fighting are key issues. We find that the expected effort of the...
Persistent link: https://www.econbiz.de/10011335594
We consider an effort-maximizing principal distributing a prize fund over two consecutive all-pay auctions. The two contestants are doubly heterogeneous: one of them has a head start in the first contest; and winning contest one gives an advantage in contest two that varies between players. We...
Persistent link: https://www.econbiz.de/10012058693
We investigate a multi-period contest model in which a contestant.s present success gives an advantage over a rival in the future. How this win advantage affects contestants.efforts, and whether the laggard gives up or keep on fighting are key issues. We find that the expected effort of the...
Persistent link: https://www.econbiz.de/10010428039
Persistent link: https://www.econbiz.de/10012796481
We consider an effort-maximizing principal distributing a prize fund over two consecutive all-pay auctions. The two contestants are doubly heterogeneous: one of them has a head start in the fi rst contest; and winning contest one gives an advantage in contest two that varies between players. We...
Persistent link: https://www.econbiz.de/10011810567
We consider a contest in which one firm is a favourite as it initially has a cost advantage over rivals. Instead of taking the set of rivals as given, we consider the possibility that the favourite transfers the source of its advantage wholly or partially to a subset of rival firms. The result...
Persistent link: https://www.econbiz.de/10005645017
We investigate a multi-period contest model in which a contestant.s present success gives an advantage over a rival in the future. How this win advantage affects contestants.efforts, and whether the laggard gives up or keep on fighting are key issues. We find that the expected effort of the...
Persistent link: https://www.econbiz.de/10011171787
Why is there delay in contests? In this paper we follow and extend the line of reasoning of Carl von Clausewitz to explain delay. For a given contest technology, delay may occur if there is an asymmetry between defense and attack, if the expected change in relative strengths is moderate, and if...
Persistent link: https://www.econbiz.de/10010307021
Our experimental analysis of alliances in conflicts leads to three main findings. First, even in the absence of repeated interaction, direct contact or communication, free-riding among alliance members is far less pronounced than what would be expected from non-cooperative theory. Second, this...
Persistent link: https://www.econbiz.de/10010307682