Chowdhury, S.M., Kovenock, D., Rojo Arjona, D. et al. (1 more author) (2021) Focality and asymmetry in multi-battle contests. The Economic Journal, 131 (636). pp. 1593-1619. ISSN 0013-0133
Abstract
This article examines the influence of focality in Colonel Blotto games with a lottery contest success function (CSF), where the equilibrium is unique and in pure strategies. We hypothesise that the salience of battlefields affects strategic behaviour (the salient target hypothesis) and present a controlled test of this hypothesis against Nash predictions, checking the robustness of equilibrium play. When the sources of salience come from asymmetries in battlefield values or labels (as in Schelling, 1960), subjects over-allocate the resource to the salient battlefields relative to the Nash prediction. However, the effect is stronger with salient values. In the absence of salience, we find support for the Nash prediction.
Metadata
Item Type: | Article |
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Authors/Creators: |
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Copyright, Publisher and Additional Information: | © 2020 Royal Economic Society. Published by Oxford University Press. This is an author-produced version of a paper subsequently published in The Economic Journal. Uploaded in accordance with the publisher's self-archiving policy. |
Keywords: | Conflict; Experiment; Colonel Blotto; Focal point; Asymmetry |
Dates: |
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Institution: | The University of Sheffield |
Academic Units: | The University of Sheffield > Faculty of Social Sciences (Sheffield) > Department of Economics (Sheffield) |
Depositing User: | Symplectic Sheffield |
Date Deposited: | 31 May 2023 06:45 |
Last Modified: | 01 Jun 2023 08:14 |
Status: | Published |
Publisher: | Oxford University Press (OUP) |
Refereed: | Yes |
Identification Number: | 10.1093/ej/ueaa130 |
Related URLs: | |
Open Archives Initiative ID (OAI ID): | oai:eprints.whiterose.ac.uk:199686 |