Showing 1 - 10 of 31,542
We apply an indirect evolutionary approach to players’ perceived prize valuations in contests. Evolution in finite populations leads to preferences that overstate the prize’s material value and induce overexpenditure. We establish an equivalence between evolutionarily stable strategies and...
Persistent link: https://www.econbiz.de/10010594163
We apply an indirect evolutionary approach to players' perceived prize valuations in contests. Evolution in finite populations leads to preferences that overstate the prize's material value and induce overexpenditure. We establish an equivalence between the behavior evolutionarily stable...
Persistent link: https://www.econbiz.de/10008615029
equilibrium concept, I apply evolutionary game theory in a sports contest model. If clubs follow evolutionarily stable strategies …
Persistent link: https://www.econbiz.de/10009351463
equilibrium concept, I apply evolutionary game theory in a sports contest model. If clubs follow evolutionarily stable strategies …
Persistent link: https://www.econbiz.de/10010739906
Two individuals are involved in a conflict situation in which preferences are ex ante uncertain. While they eventually …
Persistent link: https://www.econbiz.de/10011582517
Two individuals are involved in a conflict situation in which preferences are ex ante uncertain. While they eventually …
Persistent link: https://www.econbiz.de/10011412685
Kovenock and Roberson’s (2012ab) replication of Hausken’s (2008a) equations and parameter restrictions do not enhance our insight into the defense and attack of reliability systems. This reply intends to fill the remaining understanding gaps.
Persistent link: https://www.econbiz.de/10009647311
Two wealth effects typically arise in any contest: i) wealth decreases the marginal cost of effort, but also ii …) decreases the marginal benefit of winning the contest. In this paper, we introduce three types of strategic contest models … depending on whether the first, second, or both wealth effects play a role: namely, a privilege contest, an ability contest, and …
Persistent link: https://www.econbiz.de/10010818853
on the technologies of conflict within each battlefield and the nature of economies or diseconomies in how battlefield … out-comes and costs aggregate in determining payoffs in the overall conflict. …
Persistent link: https://www.econbiz.de/10008671699
Kovenock and Roberson’s (2010) paper has the potential to advance the research frontier, but has deficiencies. This paper suggests how Kovenock and Roberson’s (2010) paper can be developed into a more substantial paper. Kovenock and Roberson’s (2010) paper consists of three sections. The...
Persistent link: https://www.econbiz.de/10008674264