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Equilibrium and efficiency in the tug-of-war
Konrad, Kai A.; Kovenock, Daniel J. - 2006
states of the game, the tipping states, which are determined by the contestants' relative strengths, their distances to final … by which the allocation of prizes are governed by possibly repeated conflict. Our results contribute to an explanation … why. Compared to a single stage conflict, such structures can reduce the overall resources that are dissipated among the …
Persistent link: https://www.econbiz.de/10010365876
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Equilibrium and Efficiency in the Tug-of-War
Konrad, Kai A.; Kovenock, Dan - 2006
states of the game, the tipping states, which are determined by the contestants' relative strengths, their distances to final … by which the allocation of prizes are governed by possibly repeated conflict. Our results contribute to an explanation … why. Compared to a single stage conflict, such structures can reduce the overall resources that are dissipated among the …
Persistent link: https://www.econbiz.de/10010333854
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Equilibrium and efficiency in the tug-of-war
Konrad, Kai A.; Kovenock, Dan - 2005
states of the game, the "tipping states", which are determined by the contestants' relative strengths, their distances to … by which the allocation of prizes are governed by possibly repeated conflict. Our results contribute to an explanation … why. Compared to a single-stage conflict, such structures can reduce the overall resources that are dissipated among the …
Persistent link: https://www.econbiz.de/10010274454
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Equilibrium and Efficiency in the Tug-Of-War.
Konrad, Kai A.; Kovenock, Dan - Krannert School of Management, Purdue University - 2005
states of the game: the “tipping states”, which are determined by the contestants’ relative strengths, their distances to … by which the allocation of prizes are governed by possibly repeated conflict. Our results contribute to an explanation … why. Compared to a single stage conflict, such structures can reduce the overall resources that are dissipated among the …
Persistent link: https://www.econbiz.de/10005835345
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Equilibrium and Efficiency in the Tug-of-War
Konrad, Kai A.; Kovenock, Dan - C.E.P.R. Discussion Papers - 2005
states of the game, the 'tipping states', which are determined by the contestants’ relative strengths, their distances to … by which the allocation of prizes are governed by possibly repeated conflict. Our results contribute to an explanation … why. Compared to a single stage conflict, such structures can reduce the overall resources that are dissipated among the …
Persistent link: https://www.econbiz.de/10005661937
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Equilibrium and efficiency in the tug-of-war
Konrad, Kai Andreas; Kovenock, Daniel J. - 2005
states of the game, the tipping states, which are determined by the contestants' relative strengths, their distances to final … by which the allocation of prizes are governed by possibly repeated conflict. Our results contribute to an explanation … why. Compared to a single stage conflict, such structures can reduce the overall resources that are dissipated among the …
Persistent link: https://www.econbiz.de/10010307027
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Equilibrium and efficiency in the tug-of-war
Konrad, Kai Andreas; Kovenock, Daniel J. - Abteilung "Marktprozesse und Steuerung", … - 2005
states of the game, the tipping states, which are determined by the contestants' relative strengths, their distances to final … by which the allocation of prizes are governed by possibly repeated conflict. Our results contribute to an explanation … why. Compared to a single stage conflict, such structures can reduce the overall resources that are dissipated among the …
Persistent link: https://www.econbiz.de/10009367903
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Equilibrium and Efficiency in the Tug-of-War
Konrad, Kai A.; Kovenock, Dan - CESifo - 2005
states of the game, the "tipping states", which are determined by the contestants' relative strengths, their distances to … by which the allocation of prizes are governed by possibly repeated conflict. Our results contribute to an explanation … why. Compared to a single-stage conflict, such structures can reduce the overall resources that are dissipated among the …
Persistent link: https://www.econbiz.de/10005196321
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Multi-battle contests
Konrad, Kai A.; Kovenock, Daniel J. - 2006
We study equilibrium in a multistage race in which players compete in a sequence of simultaneous move component contests. Players may win a prize for winning each component contest, as well as a prize for winning the overall race. Each component contest is an all-pay auction with complete...
Persistent link: https://www.econbiz.de/10010365877
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Multi-battle contests
Konrad, Kai A.; Kovenock, Dan - 2006
We study equilibrium in a multistage race in which players compete in a sequence of simultaneous move component contests. Players may win a prize for winning each component contest, as well as a prize for winning the overall race. Each component contest is an all-pay auction with complete...
Persistent link: https://www.econbiz.de/10010334077