Park, Andreas; Smith, Lones - In: Theoretical economics : TE ; an open access journal in … 3 (2008) 2, pp. 231-256
There are two varieties of timing games in economics: wars of attrition, in which having more predecessors helps, and pre-emption games, in which having more predecessors hurts. This paper introduces and explores a spanning class with rank-order payoffs that subsumes both varieties as special...