Budget-constrained multi-battle contests: A new perspective and analysis
نویسندگان
چکیده
منابع مشابه
Budget-constrained multi-battle contests: A new perspective and analysis
In a multi-battle contest, each time a player competes by investing some of her budgets or resources in a component battle to collect a value if winning the battle. There are multiple battles to fight, and the budgets get consumed over time. The final winner in the overall contest is the one who first reaches some amount of total value. Examples include R & D races, sports competition, election...
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Dynamic behavior and player types in majoritarian multi-battle contests
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 penalty, as well as the contrasting prediction of surrendering in the corresponding contest with no penal...
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This paper reports the results of laboratory experiments that are designed to test theoretical predictions in a multi-battle contest with complementarities. The specific setting is a game of Hex where control of each region is determined by a Tullock contest and the overall winner is determined by the combination of claimed regions. We find that in a game with only a few regions, aggregate beha...
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ژورنال
عنوان ژورنال: Theoretical Computer Science
سال: 2018
ISSN: 0304-3975
DOI: 10.1016/j.tcs.2018.01.018