Indefinitely repeated contests: An experimental study
نویسندگان
چکیده
We experimentally explore indefinitely repeated contests. Theory predicts more cooperation, in the form of lower expenditures, contests with a longer expected time horizon. Our data support this prediction, although result attenuates contest experience. also cooperation compared to finitely same length, and we find empirical for this. Finally, theory no difference across winner-take-all proportional-prize contests, yet evidence less latter, though only treatments played. paper extends experimental literature on games and, generally, contributes an infant behavior “large” strategy spaces.
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ژورنال
عنوان ژورنال: Experimental Economics
سال: 2021
ISSN: ['1386-4157', '1573-6938']
DOI: https://doi.org/10.1007/s10683-021-09703-0