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This article examines behavior in the two-player, constant-sum Colonel Blotto game with asymmetric resources in which players maximize the expected number of battlefields won. The experimental results support all major theoretical predictions. In the auction treatment, where winning a...
Persistent link: https://www.econbiz.de/10013316350
identifies a host of externalities and their strategic implications for counterterrorism policies. In addition, the chapter … policy prognosis is much better for domestic terrorism as a central government can internalize externalities among …
Persistent link: https://www.econbiz.de/10014024404
Maintaining the security of critical infrastructure networks is vital for a modern economy. This paper examines a game-theoretic model of attack and defense of a network in which the defender's objective is to maintain network connectivity and the attacker's objective is to destroy a set of...
Persistent link: https://www.econbiz.de/10011405199
. -- Colonel Blotto ; conflict resolution ; contest theory ; multi-dimensional resource allocation ; rent-seeking ; experiments …
Persistent link: https://www.econbiz.de/10003854423
In this paper, we study a large class of multi-contestant multi-battle resource allocation contests, where contestants … equilibrium existence result regarding resource allocation contests with contestant-and-battle-specific valuations under general …
Persistent link: https://www.econbiz.de/10013307781
I present a model in which the players of a game have the option to delegate parts of their strategies to a third party who has an interest in the outcome of the game. I analyze whether the game with delegation to a common agent improves over the equilibrium of the original game. This paper...
Persistent link: https://www.econbiz.de/10012725944
In models of non-deterministic contest, players exert irreversible effort in order to increase their probability of winning a prize. The most prominent functional form of the win probability in the literature is the so-called "logitʺ contest success function. We provide a simple...
Persistent link: https://www.econbiz.de/10003780397
guerilla warfare strategy almost 45% of the time, contrary to the theoretical prediction of an equal allocation of forces … allocation ; experiments …
Persistent link: https://www.econbiz.de/10008697819
We introduce a noncooperative multilateral bargaining model for a network-restricted environment, in which players can communicate only with their neighbors. Each player strategically chooses the bargaining partners among the neighbors to buy out their communication links with upfront transfers....
Persistent link: https://www.econbiz.de/10011279698
The paper presents experimental evidence on the impact of managers and their incentives on the behavior of group members in intergroup contests. I find that members follow the nonbinding investment recommendations of their group manager in particular if the managers payoff does not depend on the...
Persistent link: https://www.econbiz.de/10010340540