Strategy and dynamics in contests
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Main Authors: | |
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Published: |
Oxford University Press,
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Publisher Address: | Oxford New York |
Publication Dates: | 2009. |
Literature type: | Book |
Language: | English |
Series: |
LSE perspectives in economic analysis |
Subjects: | |
Carrier Form: | xi, 218 p.: ill. ; 25 cm. |
ISBN: |
0199549591 (hbk.) 9780199549597 (hbk.) 0199549605 (pbk.) 9780199549603 (pbk.) |
Index Number: | F270 |
CLC: | F270 |
Call Number: | F270 /K826 |
Contents: |
Includes bibliographical references (p. 195-212) and index. Types of contest -- Timing and participation -- Cost and prize structure -- Externalities -- Nested contests -- Alliances -- Dynamic battles. "This book describes the theory structure underlying contests, in which players expend effort and/or spend money in trying to get ahead of one another. Uniquely, this effort is sunk and cannot be recovered, regardless of whether a player wins or loses in the competition. Such interactions include diverse phenomena such as marketing and advertising by firms, litigation, relative reward schemes in firms, political competition, patent races, sports, military combat, war and civil war. These have been studied in the field of contest theory both within these specific contexts and at a higher leve |