Multi-stage contests : theory and experiments
In a multi-stage contest known as a two-player race, players display two fundamental behaviors: (1) The laggard will make a last stand in order to avoid the cost of losing; and (2) the player who is ahead will defend his lead if it is threatened. Last stand behavior, in particular, contrasts with pr...
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| Format: | Others |
| Language: | English |
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University of Iowa
2014
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| Online Access: | https://ir.uiowa.edu/etd/1323 https://ir.uiowa.edu/cgi/viewcontent.cgi?article=5362&context=etd |