Colonel Blotto Games with Reserved Troops
12 Pages Posted: 28 Jan 2019
Date Written: January 16, 2019
This paper modifies the classic Colonel Blotto games to allow players keep troops on reserve. In a pure-strategy equilibrium, neither player can increase her payoff by moving troops from reserves to any battlefield. Efficiency criterion is defined for the purpose of facilitating the ranking of troop allocations with the same winning profile according to the aggregate number of troops that both players keep on reserve. Efficiency comparisons are used to reduced the number of pure-strategy equilibria.
Keywords: Colonel Blotto Games, Troops on Reserve, Pure-Strategy Equilibria
JEL Classification: C72
Suggested Citation: Suggested Citation