Showing 101 - 110 of 120
We analyze a group contest in which n groups compete to win a group-specific public good prize. Group sizes can be different and any player may value the prize differently within and across groups. Players exert costly efforts simultaneously and independently. Only the highest effort (the...
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We construct a generalized Tullock contest under complete information where contingent upon winning or losing, the payoff of a player is a linear function of prizes, own effort, and the effort of the rival. This structure nests a number of existing contests in the literature and can be used to...
Persistent link: https://www.econbiz.de/10014186328
We use a Tullock-type contest to show that intuitively and structurally different contests can be strategically equivalent. Strategically equivalent contests generate the same best response functions and, as a result, the same efforts. Two strategically equivalent contests, however, may yield...
Persistent link: https://www.econbiz.de/10014164442
We study experimentally the effects of cost structure and prize allocation rules on the performance of rent-seeking contests. Most previous studies use a lottery prize rule and linear cost, and find both overdissipation relative to Nash equilibrium prediction and significant variation in...
Persistent link: https://www.econbiz.de/10014170028
We present a non-technical assessment of the effects of the COVID-19 pandemic on individual level conflict behavior in the household, workplace, and societal interactions in the post-COVID era. We predict that there will be an increase in the intra-household conflict including domestic violence;...
Persistent link: https://www.econbiz.de/10014093864
We survey the literature in economics and related fields on the relationship between the COVID-19 pandemic and conflict behavior. We cover the effects of the pandemic on micro-level conflict (among individuals), macro-level conflict (interstate, intrastate, and extra-state), and the effect of...
Persistent link: https://www.econbiz.de/10014082515
We find the sufficient conditions for the existence of multiple equilibria in Tullock-type contests and show that asymmetric equilibria may arise even under symmetric prize and cost structures. We also identify contests in the literature where multiple equilibria exist under reasonably weak...
Persistent link: https://www.econbiz.de/10013128752
A contest is a situation in which individuals expend resources in order to win valuable prize(s). 'Sabotage' is a deliberate, and often costly and illegal, act of damaging a rival's likelihood of winning the contest. It is done by exerting resources to negatively influence the effectiveness of a...
Persistent link: https://www.econbiz.de/10013074732
We use a Tullock-type contest model to show that intuitively and structurally different contests can be strategically and revenue equivalent to each other. We consider a two-player contest, where outcome-contingent payoffs are linear functions of prizes, own effort, and the effort of the rival....
Persistent link: https://www.econbiz.de/10013143626