In the game-theoretic model war of attrition, players are subject to an explicit cost proportional to the duration of contests. We construct a model where the time cost is not explicitly given, but instead depends implicitly on the strategies of the whole population. We identify and analyse the unde
✦ LIBER ✦
A war of attrition with endogenous effort levels
✍ Scribed by Johannes Hörner; Nicolas Sahuguet
- Book ID
- 105866994
- Publisher
- Springer
- Year
- 2010
- Tongue
- English
- Weight
- 320 KB
- Volume
- 47
- Category
- Article
- ISSN
- 0938-2259
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The fact that there always exists various kinds of almost continuous mutations for any animal population implies that players in competitions can never be perfectly symmetric in any sense. To develop a model to fit this reality, we consider war of attrition games in which players have continuously d