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Divide and conquer : noisy communication in networks, power, and wealth distribution
Pérez Oviedo, Wilson - 2004
In a society composed of a ruler and its citizens: what are the determinants of the political equilibrium between these two? This paper approaches this problem as a game played between a ruler who has to decide the distribution of the aggregate income and a group of agents/citizens who have the...
Persistent link: https://www.econbiz.de/10011600156
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Divide and Conquer: Noisy Communication in Networks, Power, and Wealth Distribution
Perez, Wilson - 2004
In a society composed of a ruler and its citizens: what are the determinants of the political equilibrium between these two? This paper approaches this problem as a game played between a ruler who has to decide the distribution of the aggregate income and a group of agents/citizens who have the...
Persistent link: https://www.econbiz.de/10011324912
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Alliance formation in contests with incomplete information
Metzger, Lars P. - 2015
of alliance formation in any equilibrium. In this case there exists a pooling equilibrium without alliances with a unique …
Persistent link: https://www.econbiz.de/10010487967
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Cognitive empathy in conflict situations
Gauer, Florian; Kuzmics, Christoph - 2016
Two individuals are involved in a conflict situation in which preferences are ex ante uncertain. While they eventually learn their own preferences, they have to pay a small cost if they want to learn their opponent's preferences. We show that, for sufficiently small positive costs of information...
Persistent link: https://www.econbiz.de/10011412685
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Democracy, autocracy and the likelihood of the international conflict
Tangerås, Thomas P. (contributor) - 2008
This is a game-theoretic analysis of the link between regime type and international conflict. The democratic electorate can credibly punish the leader for bad conflict outcomes, whereas the autocratic selectorate cannot. For the fear of being thrown out of office, democratic leaders are (i )...
Persistent link: https://www.econbiz.de/10003723925
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The Texas shoot-out under Knightian Uncertainty
Bauch, Gerrit; Riedel, Frank - 2022
The allocation of a co-owned company to a single owner using the Texas Shoot-Out mechanism with private valuations is investigated. We identify Knightian Uncertainty about the peer's distribution as the reason for its deterrent effect of an immature dissolving. Modeling uncertainty by a compact...
Persistent link: https://www.econbiz.de/10013174846
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Voluntary disclosure in unfair contests
Ewerhart, Christian; Lareida, Julia - 2021 - Revised version
This paper studies the incentives for interim voluntary disclosure of verifiable information in probabilistic all-pay contests. Provided that the contest is uniformly asymmetric, full revelation is the unique perfect Bayesian equilibrium outcome. This is so because the weakest type of the...
Persistent link: https://www.econbiz.de/10012420336
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Voluntary disclosure in unfair contests
Ewerhart, Christian; Grünseis, Julia - 2018
This paper studies incentives for the interim voluntary disclosure of verifiable information in probabilistic all-pay contests. Considered are unfair contests, i.e., contests in which, subject to activity conditions, one player (the favorite) is interim always more likely to win than the other...
Persistent link: https://www.econbiz.de/10011805749
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Voluntary disclosure in asymmetric contests
Ewerhart, Christian; Lareida, Julia - 2023 - Revised version, July 2023
This paper studies the incentives for interim voluntary disclosure of verifiable information in probabilistic all-pay contests with two-sided incomplete information. Private information may concern marginal cost, valuations, and ability. Our main result says that, if the contest is uniformly...
Persistent link: https://www.econbiz.de/10014321141
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Information alliances in contests with budget limits
Konrad, Kai A. - 2010
We study the role of information exchange through alliances in a framework with contestants who have binding budget … for the Bayesian Nash equilibrium. Then we consider the role of information exchange through alliances. Contestants learn … alliance. Also, a merger between alliances is beneficial for their members. Further, we consider merger between alliances and …
Persistent link: https://www.econbiz.de/10010307679