論文

査読有り
2015年7月

One-Sided Games in a War of Attrition

B E JOURNAL OF THEORETICAL ECONOMICS
  • Yasushi Asako

15
2
開始ページ
313
終了ページ
331
記述言語
英語
掲載種別
研究論文(学術雑誌)
DOI
10.1515/bejte-2014-0078
出版者・発行元
WALTER DE GRUYTER GMBH

This study develops a war-of-attrition model with the asymmetric feature that one player can be defeated by the other but not vice versa; that is, only one player has an exogenous probability of being forced to capitulate. With complete information, the equilibria are almost identical to the canonical war-of-attrition model. On the other hand, with incomplete information on a player's robustness, a war where both players fight for some duration emerges. Moreover, a player who is never defeated may capitulate in equilibrium, and this player will give in earlier if the other player's fighting costs are greater.

リンク情報
DOI
https://doi.org/10.1515/bejte-2014-0078
Web of Science
https://gateway.webofknowledge.com/gateway/Gateway.cgi?GWVersion=2&SrcAuth=JSTA_CEL&SrcApp=J_Gate_JST&DestLinkType=FullRecord&KeyUT=WOS:000355634400007&DestApp=WOS_CPL
URL
http://www.degruyter.com/view/j/bejte.2015.15.issue-2/bejte-2014-0078/bejte-2014-0078.xml
ID情報
  • DOI : 10.1515/bejte-2014-0078
  • ISSN : 1935-1704
  • Web of Science ID : WOS:000355634400007

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