International Escalation and the Dollar Auction¶
O'Neill, B. (1986). International Escalation and the Dollar Auction. Journal of Conflict Resolution.
Cited by¶
1 citation across 1 artifact.
Each citation links to the sentence it supports in the citing article.
Domain-specific¶
- Dollar Auction
- All-pay-auction theory — the home turf, where the dollar auction is the cleanest worked instance of the all-pay family and its backward-induction analysis is the standard teaching case
This sourceA formal rational-strategy analysis of the dollar auction deriving the players' equilibrium bids (for example, that with $2.50 each the first bidder should open at 60 cents).
Supported in partVerified against the publisher's abstract
“We derive a formula for the players' rational strategies, which implies, for example, that when both have $2.50 available, the first bidder should open by bidding $.60 and the other should remain silent.”
- All-pay-auction theory — the home turf, where the dollar auction is the cleanest worked instance of the all-pay family and its backward-induction analysis is the standard teaching case
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Registry ID ref:d28d21f60782 · see in the full table