Strategy and Dynamics in Contests
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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 level of abstraction.
Format:Paperback
Language:English
ISBN:0199549605
ISBN13:9780199549603
Release Date:April 2009
Publisher:OUP Oxford
Length:232 Pages
Weight:1.05 lbs.
Dimensions:0.6" x 6.1" x 9.1"
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