Contests with a Non-Convex Strategy Space
36 Pages Posted: 6 Oct 2018
Date Written: September 12, 2018
We characterize the Nash equilibria of a class of two-player contests with a non-convex strategy space under the usual concavity assumptions. The analysis sheds light on behavior in international conflicts. For instance, it may explain why some attempts to resolve international conflicts have been successful while others have not.
Keywords: Contests; International Conflicts; Non-Convex Strategy Space
JEL Classification: C72; F51
Suggested Citation: Suggested Citation