Competitive situations resembling contests are ubiquitous in modern economic landscape.
In a contest, economic agents expend costly effort to vie for limited prizes, and they are …

This paper examines conflicts in which performance is measured by the players' success or
failure in multiple component conflicts, commonly termed “battlefields”. In multi-battlefield …

This paper considers all-pay contests in which the relationship between bids and allocations
reflects a small amount of noise. Prior work had focused on one particular equilibrium …

In a multi-stage contest known as a two-player race, players display two fundamental
behaviors:(1) the laggard will make a last stand in order to avoid the cost of losing; and (2) …

This paper analyzes a tug-of-war contest between two teams. In each round of the tug-of-
war, a pair of agents from the opposing teams competes in a private value all-pay auction …

In 2005, the Democratic National Committee adopted the 50-state strategy in lieu of the
strategy of focusing solely on battleground states. The rationale given for this move is that …

This paper extends the classic war of attrition to allow for a wide range of actions. Players
alternate making arbitrary payments, and their opponent may either match this payment, or …

In a dynamic contest where it is costly to compete, a player who is behind must decide
whether to surrender or keep fighting in the face of bleak odds. We experimentally examine …

Military campaigns are studied as dynamic best-of-three contests, where final victory is
attributed to the first player who wins a critical number of battles. The article studies how …

Ten years after publishing our first special issue in the field of contest theory in Economic
Theory, the research field has experienced rapid development and shows a tremendous …