Strategy and dynamics in contests /
"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 inclu...
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Main Author: | |
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Format: | Book |
Language: | English |
Published: |
Oxford ; New York :
Oxford University Press,
2009.
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Series: | LSE perspectives in economic analysis
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Subjects: |