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Focality and Asymmetry in Multi-Battle Contests

Subhasish Chowdhury, Dan Kovenock, David Rojo Arjona and Nathaniel Wilcox

The Economic Journal, 2021, vol. 131, issue 636, 1593-1619

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.

Date: 2021
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Citations: View citations in EconPapers (5)

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Working Paper: Focality and Asymmetry in Multi-battle Contests (2016) Downloads
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