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Strategy and Dynamics in Contests (London School of Economics Perspectives in Economic Analysis)

Kai A. Konrad




[PDF.hd82] Strategy and Dynamics in Contests (London School of Economics Perspectives in Economic Analysis)

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 | #4586613 in Books |  Konrad Kai A |  2009-04-15 | Original language:English | PDF # 1 |  6.30 x.90 x9.30l,.0 | File type: PDF | 232 pages

 | 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 ...

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