Strategy and Dynamics in Contests

by Kai A. Konrad

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...

• 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"