War and conflict in economics: Theories, applications, and recent trends
We review the main economic models of war and conflict. These models vary in details, but
their implications are qualitatively consistent, highlighting key commonalities across a …
their implications are qualitatively consistent, highlighting key commonalities across a …
N-dimensional Blotto game with heterogeneous battlefield values
C Thomas - Economic Theory, 2018 - Springer
This paper introduces the irregular N-gon solution, a new geometric method for constructing
equilibrium distributions in the Colonel Blotto game with heterogeneous battlefield values …
equilibrium distributions in the Colonel Blotto game with heterogeneous battlefield values …
Limited capacity in project selection: Competition through evidence production
An organization must decide which of two proposals to fund. In evaluating the proposals, the
organization relies on the agents applying for funding to produce evidence about the merits …
organization relies on the agents applying for funding to produce evidence about the merits …
Focality and asymmetry in multi-battle contests
This article examines the influence of focality in Colonel Blotto games with a lottery contest
success function (CSF), where the equilibrium is unique and in pure strategies. We …
success function (CSF), where the equilibrium is unique and in pure strategies. We …
The attack and defense of weakest-link networks
We experimentally test the qualitatively different equilibrium predictions of two theoretical
models of attack and defense of a weakest-link network of targets. In such a network, the …
models of attack and defense of a weakest-link network of targets. In such a network, the …
Multi‐battle contests: an experimental study
We examine behavior of subjects in simultaneous and sequential multi‐battle contests,
where each individual battle is modeled as an all‐pay auction with complete information. In …
where each individual battle is modeled as an all‐pay auction with complete information. In …
New Hampshire effect: Behavior in sequential and simultaneous multi-battle contests
Sequential multi-battle contests are predicted to induce lower expenditure than
simultaneous contests. This prediction is a result of a “New Hampshire Effect”—a strategic …
simultaneous contests. This prediction is a result of a “New Hampshire Effect”—a strategic …
Allocation of resources in asymmetric competitions: How do the weak maintain a chance of winning?
J Avrahami, Y Kareev, PM Todd, B Silverman - Journal of Economic …, 2014 - Elsevier
To maintain a chance of occasionally beating a stronger player in a competition waged over
several fields, a weaker player should give up on some of the fields and concentrate …
several fields, a weaker player should give up on some of the fields and concentrate …
Majoritarian Blotto contests with asymmetric battlefields: an experiment on apex games
We investigate a version of the classic Colonel Blotto game in which individual battlefields
may have different values. Two players allocate a fixed discrete budget across battlefields …
may have different values. Two players allocate a fixed discrete budget across battlefields …
[HTML][HTML] Proportional resource allocation in dynamic n-player Blotto games
In this note, we introduce a general model of dynamic n-player multi-battle Blotto contests in
which asymmetric resources and non-homogeneous battlefield prizes are possible. Each …
which asymmetric resources and non-homogeneous battlefield prizes are possible. Each …