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The alliance formation puzzle and capacity constraints

Konrad, Kai A.; Kovenock, Dan - In: Economics Letters 103 (2009) 2, pp. 84-86

The formation of an alliance in conflict situations is known to suffer from a collective action problem and from the potential of internal conflict. We show that budget constraints of an intermediate size can overcome this strong disadvantage and explain the formation of alliances.

Persistent link: https://www.econbiz.de/10005023465

Asymmetric Information, Information Externalities, and Efficiency: The Case of Oil Exploration

Hendricks, Kenneth; Kovenock, Dan - In: RAND Journal of Economics 20 (1989) 2, pp. 164-182

In this article we examine the effect of private information and information externalties on the ex post efficiency of investment in oil exploration. We show that too much drilling tends to occur if firms believe that the area is likely to contain a sizeable pool of oil, and too little drilling...

Persistent link: https://www.econbiz.de/10005353986

An implicit contract approach to employee stock ownership plans

Kovenock, Dan; Sparks, Roger - In: Journal of Comparative Economics 14 (1990) 3, pp. 425-451

Persistent link: https://www.econbiz.de/10005266554

Experimental research on contests

Chowdhury, Subhashish M.; Kovenock, Daniel J.; … - 2024 - This version: 03 January 2024

Persistent link: https://www.econbiz.de/10014583287

Capital Structure and Product Market Behavior: An Examination of Plant Exit and Investment Decisions

Kovenock, Dan; Phillips, Gordon M. - In: The review of financial studies 10 (1997) 3, pp. 767-804

Persistent link: https://www.econbiz.de/10007369737

Caps on bidding in all-pay auctions: Comments on the experiments of A. Rapoport and W. Amaldoss

Dechenaux, Emmanuel; Kovenock, Dan; Lugovskyy, Volodymyr - In: Journal of economic behavior & organization : JEBO 61 (2006) 2, pp. 276-283

Persistent link: https://www.econbiz.de/10007298226

Comparative Analysis of Litigation Systems: An Auction-Theoretic Approach link rid="fn1">*

Baye, Michael R.; Kovenock, Dan; Vries, Casper G. - In: The economic journal : the journal of the Royal … 115 (2005) 505, pp. 583-601

Persistent link: https://www.econbiz.de/10007435107

Tacit collusion and capacity withholding in repeated uniform price auctions

Dechenaux, Emmanuel; Kovenock, Dan - Volkswirtschaftliche Fakultät, … - 2007

This article analyzes tacit collusion in infinitely repeated multiunit uniform price auctions in a symmetric oligopolywith capacity-constrained firms.Under two popular definitions of the uniform price, when each firm sets a price-quantity pair, perfect collusion with equal sharing of profit is...

Persistent link: https://www.econbiz.de/10009650691

The lifeboat problem

Konrad, Kai A.; Kovenock, Dan - Wissenschaftszentrum Berlin für Sozialforschung (WZB) - 2011

We study an all-pay contest with multiple identical prizes (lifeboat seats). Prizes are partitioned into subsets of prizes (lifeboats). Players play a two-stage game. First, each player chooses an element of the partition (a lifeboat). Then each player competes for a prize in the subset chosen...

Persistent link: https://www.econbiz.de/10009397108

Wettbewerb um ausländische Direktinvestitionen mit "vintage investment" und Agglomerationsvorteilen

Konrad, Kai A.; Kovenock, Dan - Abteilung "Marktprozesse und Steuerung", … - 2008

sich in einem Land angesammelt haben, hat Agglomerationsgewinne und seine Besteuerung erlaubt es, fiskalische Einnahmen zu … Charakteristika der formalen Analyse sind diskrete Zeitperioden, ein unendlicher Zeithorizont und Investitionen, die zum … Investitionszeitpunkt mobil sind, nach erfolgter Investition immobil sind und über mehrere Perioden abschreiben. Betrachtet werden Markov …

Persistent link: https://www.econbiz.de/10009367847