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Dynamic behavior and player types in majoritarian multi-battle contests

Gelder, Alan; Kovenock, Daniel J. - In: Games and economic behavior 104 (2017), pp. 444-455

Persistent link: https://www.econbiz.de/10011793384

Multi-Battle Contests : An Experimental Study

Mago, Shakun D.; Sheremeta, Roman M. - 2016

We examine behavior of subjects in simultaneous and sequential multi-battle contests, where each individual battle is modeled as an all-pay auction with complete information. In simultaneous best-of-three contests, subjects are predicted to make positive bids in all three battles, but we find...

Persistent link: https://www.econbiz.de/10014171475

The all-pay auction with complete information

Baye, Michael R. - 1995

Persistent link: https://www.econbiz.de/10013408056

Dynamic Behavior and Player Types in Majoritarian Multi-Battle Contests

Gelder, Alan - 2015

In a dynamic contest where it is costly to compete, a player who is behind must decide whether to surrender or to keep fighting in the face of bleak odds. We experimentally examine the game theoretic prediction of last stand behavior in a multi-battle contest with a winning prize and losing...

Persistent link: https://www.econbiz.de/10013029170

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

Bidding among friends and enemies

Ettinger, David - 2003

paid by the winner. We study the impact of these price-externalities on the first-price auction and the second … independently from the identity of the winner. We prove that the first-price auction is not affected by this kind of price-externalities … by the presence of such price-externalities. In any case, in comparison with the first-price auction, the second …

Persistent link: https://www.econbiz.de/10011591224