We construct a generalized Tullock contest under complete information where contingent upon winning or losing, the payoff of a player is a linear function of prizes, own effort, and the …
This note provides a distribution-based justification for the ratio form of contest success functions (CSFs), in which a player's success depends positively on her effort relative to that …
In lawsuits, relative success depends upon two main factors: the true degree of fault, and the efforts invested on eachside. A proposed Litigation Success Function displays …
KA Konrad - WZB-Markets and Politics Working Paper No. SP II, 2007 - papers.ssrn.com
Competition in which goods or rents are allocated as a function of the various efforts expended by players in trying to win these goods or rents is a very common phenomenon. A …
Due to the high costs of conflict both in theory and practice, we examine and experimentally test the conditions under which conflict between asymmetric agents can be resolved. We …
F Parisi - 40 Years of Research on Rent Seeking 2, 2002 - Springer
This paper compares the adversarial system of adjudication, dominant in the common law tradition, with the inquisitorial system, dominant in the civil law tradition, using a rent …
M McBride, S Skaperdas - Journal of Economic Behavior & Organization, 2014 - Elsevier
We examine a conflictual setting in which adversaries cannot contract on an enforcement variable (arms) and where the future strategic positions of adversaries are very different …
We examine how the probability of persuading an audience depends on resources expended by contending parties as well as on other factors. We use a Bayesian approach …
The COVID-19 has caused a dramatic fall in international tourism demand. Destinations within countries have revised their promotion strategies, intensifying the competition for the …