Preemption Contests Between Groups
نویسندگان
چکیده
منابع مشابه
Perfect-Substitutes, Best-Shot, and Weakest-Link Contests between Groups
This experiment investigates contests between groups. Each group has one strong player, with a higher valuation for the prize, and two weak players, with lower valuations. In contests where individual efforts are perfect substitutes, all players expend significantly higher efforts than predicted by theory. In best-shot contests, where group performance depends on the best performer, most of the...
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This study reports an experiment that examines whether groups can better comply with theoretical predictions than individuals in contests. Our experiment replicates previous findings that individual players significantly overbid relative to theoretical predictions, incurring substantial losses. There is high variance in individual bids and strong heterogeneity across individual players. The new...
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Your use of the JSTOR archive indicates your acceptance of JSTOR's Terms and Conditions of Use, available at http://www.jstor.org/about/terms.html. JSTOR's Terms and Conditions of Use provides, in part, that unless you have obtained prior permission, you may not download an entire issue of a journal or multiple copies of articles, and you may use content in the JSTOR archive only for your perso...
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We introduce a family of operators for belief change that aim at making a new piece of information to be preemptive so that any former belief subsuming it is given up. That is, the current belief base is to be altered even in the case that it is logically consistent with the new piece of information. Existing operators for belief revision are inadequate for this purpose because they amount to s...
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Assessment strategies are an important component in game theoretical models of contests. Strategies can be either based on one's own abilities (self assessment) or on the relative abilities of two opponents (mutual assessment). Using statistical methodology that allows discrimination between assessment types, we examined contests in the jumping spider Phiddipus clarus. In this species, aggressi...
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ژورنال
عنوان ژورنال: SSRN Electronic Journal
سال: 2019
ISSN: 1556-5068
DOI: 10.2139/ssrn.3394762