Arbeitspapier

Dynamic contests

Considering several main types of dynamic contests (the race, the tug-of-war, elimination contests and iterated incumbency fights) we identify a common pattern: the discouragement effect. This effect explains why the sum of rentseeking efforts often falls considerably short of the prize that is at stake. It may cause violent conflict in early rounds, but may also lead to long periods of peaceful interaction.

Language
Englisch

Bibliographic citation
Series: WZB Discussion Paper ; No. SP II 2010-10

Classification
Wirtschaft

Event
Geistige Schöpfung
(who)
Konrad, Kai A.
Event
Veröffentlichung
(who)
Wissenschaftszentrum Berlin für Sozialforschung (WZB)
(where)
Berlin
(when)
2010

Handle
Last update
10.03.2025, 11:43 AM CET

Data provider

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Object type

  • Arbeitspapier

Associated

  • Konrad, Kai A.
  • Wissenschaftszentrum Berlin für Sozialforschung (WZB)

Time of origin

  • 2010

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