Related Experiment Videos

War of attrition with implicit time cost

Anders Eriksson1, Kristian Lindgren, T Torbjörn Lundh

  • 1Department of Physical Resource Theory, Chalmers University of Technology, SE-41296 Göteborg, Sweden. frtae@fy.chalmers.se

Summary

This study models the war of attrition game with implicit time costs, revealing that strategy stability depends on the winner-to-loser score ratio. High ratios lead to unstable distributions and limit cycles, while low ratios ensure stability.

Related Concept Videos