This product may not be available anymore.
for similar products.
CAIRO BOOKS's Description
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 include diverse
phenomena such as marketing and advertising by firms, litigation, relative
reward schemes in firms, political competition, patent races, sports, military
combat, war and civil war. These have been studied in the field of contest
theory both within these specific contexts and at a higher level of abstraction.
The purpose of this book is to describe the fundamental common properties of
these types of interactions and to uncover some common properties or laws that
govern them. The book begins by describing the properties of static contests
and tournaments. Aspects such as timing, entry, sabotage and delegation are
added and contest design issues such as the admission or exclusion of players
and the structure of prizes are discussed. Further, structures are analysed in
which players interact repeatedly in the same or different contest
environments. Examples are inter-group conflict followed by intra-group
rivalry, elimination tournaments and other dynamic contest structures.