A Short Solution to the Many-Player Silent Duel with Arbitrary Consolation Prize

نویسندگان

  • Steve Alpern
  • J. V. Howard
چکیده

The classical constant-sum ‘silent duel’ game had two antagonistic marksmen walking towards each other. A more friendly formulation has two equally skilled marksmen approaching targets at which they may silently fire at distances of their own choice. The winner, who gets a unit prize, is the marksman who hits his target at the greatest distance; if both miss, they share the prize (each gets a ‘consolation prize’ of one half). In another formulation, if they both miss they each get zero. More generally we can consider more than two marksmen and an arbitrary consolation prize. This non-constant sum game may be interpreted as a research tournament where the entrant who successfully solves the hardest problem wins the prize. We give the first complete solution to the many-player problem with arbitrary consolation prize: moreover (by taking particular values for the consolation prize), our theorem incorporates various special results in the literature, and our proof is simpler than any of these.

برای دانلود متن کامل این مقاله و بیش از 32 میلیون مقاله دیگر ابتدا ثبت نام کنید

ثبت نام

اگر عضو سایت هستید لطفا وارد حساب کاربری خود شوید

منابع مشابه

The Existence and Uniqueness of Nash Equilibrium Point in an m-player Game "Shoot Later, Shoot First!"

We consider the following “silent duel” ofm players with a possible economic interpretation. Each player has one “bullet”, which she can shoot at any time during the time interval [0, 1]. The probability that the i-th player hits the “target” at moment t is given by an increasing accuracy function fi(t). The winner is the player who hits the target first. Under natural assumptions on the functi...

متن کامل

Up or Over? The role of permanent associates in law ...rms

Over the last two decades many law ...rms switched from the traditional up-or-out system to retaining associates that don’t make partner. This paper addresses the reasons for this change by comparing using a permanent associates position to the up-or-out system in the context of a tournament. A model is described with heterogenous abilities among associates. Firms use a noisy signal of output t...

متن کامل

Noisy fighter-bomber duel

The classical duel is a zero-sum game of two players of the following type. The players have certain resources and use them during a given time interval with the goal of achieving success. Use of the resource γ at the moment t leads to success with the probability depending on the amount of resource γ and the time t only (it is usually assumed that the probability of success increases with time...

متن کامل

Tests of Difference Aversion to Explain Anomalies in Simple Bargaining Games

We investigate two recent models incorporating fairness considerations into the economics literature based on agents’ concerns about the distribution of payoffs between themselves and others, along with their own absolute earnings (Fehr and Schmidt, 1999; Bolton and Ockenfels, 2000). We extend the models’ predictions to a threeperson ultimatum game in which one person allocates a sum of money t...

متن کامل

Informal firms in developing countries entrepreneurial stepping stone or consolation prize ?

We analyse potential dynamic benefits for a firm from having the option of adopting informal status. Informality may be a stepping stone, without which formality might never be achieved. This result obtains for a broad range of realistic parameter values, suggesting a potential dynamic case for government support of informal firms. Informality may alternatively play a converse role as a consola...

متن کامل

ذخیره در منابع من


  با ذخیره ی این منبع در منابع من، دسترسی به آن را برای استفاده های بعدی آسان تر کنید

برای دانلود متن کامل این مقاله و بیش از 32 میلیون مقاله دیگر ابتدا ثبت نام کنید

ثبت نام

اگر عضو سایت هستید لطفا وارد حساب کاربری خود شوید

عنوان ژورنال:
  • CoRR

دوره abs/1712.00274  شماره 

صفحات  -

تاریخ انتشار 2017