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Persistent link: https://www.econbiz.de/10011901192
We use experiments to test comparative statics predictions of canonical tournament theory. Both the roles of principal and agent are populated by human subjects, allowing us to test predictions for both incentive responses and optimal tournament design. Consistent with theory, we observed an...
Persistent link: https://www.econbiz.de/10013111204
We use experiments to test comparative statics predictions of canonical tournament theory. Both the roles of principal and agent are populated by human subjects, allowing us to test predictions for both incentive responses and optimal tournament design. Consistent with theory, we observed an...
Persistent link: https://www.econbiz.de/10013112121
Persistent link: https://www.econbiz.de/10003976408
Persistent link: https://www.econbiz.de/10010248983
first stage but not in the second stage. Our experiment provides evidence that winning is a component in a subject’s utility …
Persistent link: https://www.econbiz.de/10014206552
rationality, relative payoff maximization, parochial altruism, and social identity. Despite over-expenditure, most studies find …
Persistent link: https://www.econbiz.de/10013013877
Persistent link: https://www.econbiz.de/10011901181
The attack and defense game is a game in which an attacker (a group of attackers) has an incentive to revise the status quo and a defender (a group of defenders) wants to protect it. The asymmetry in objectives creates incompatible interests and results in a mixed-strategy Nash equilibrium....
Persistent link: https://www.econbiz.de/10012864020
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 attacker's objective is to assault at least one target successfully and the defender's objective is to defend...
Persistent link: https://www.econbiz.de/10012910261