Arbeitspapier
Generalizations of the General Lotto and Colonel Blotto Games
In this paper, we generalize the General Lotto game and the Colonel Blotto game to allow for battlefield valuations that are heterogeneous across battlefields and asymmetric across players, and for the players to have asymmetric resource constraints. We completely characterize Nash equilibrium in the generalized version of the General Lotto game and then show how this characterization can be applied to identify equilibria in the Colonel Blotto version of the game. In both games, we find that there exist sets of non-pathological parameter configurations of positive Lebesgue measure with multiple payoff nonequivalent equilibria.
- Sprache
-
Englisch
- Erschienen in
-
Series: CESifo Working Paper ; No. 5291
- Klassifikation
-
Wirtschaft
Noncooperative Games
Political Processes: Rent-seeking, Lobbying, Elections, Legislatures, and Voting Behavior
Conflict; Conflict Resolution; Alliances; Revolutions
- Thema
-
Colonel Blotto game
General Lotto game
multi-battle contest
redistributive politics
all-pay auction
- Ereignis
-
Geistige Schöpfung
- (wer)
-
Kovenock, Dan J.
Roberson, Brian
- Ereignis
-
Veröffentlichung
- (wer)
-
Center for Economic Studies and ifo Institute (CESifo)
- (wo)
-
Munich
- (wann)
-
2015
- Handle
- Letzte Aktualisierung
-
10.03.2025, 11:42 MEZ
Datenpartner
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Objekttyp
- Arbeitspapier
Beteiligte
- Kovenock, Dan J.
- Roberson, Brian
- Center for Economic Studies and ifo Institute (CESifo)
Entstanden
- 2015
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