Paper Info
Title
On The Impossibility Of Deterrence In Sequential Colonel Blotto Games
Abstract
A sequential Colonel Blotto and rent seeking game with fixed and variable resources is analyzed. With fixed resources, which is the assumption in Colonel Blotto games, we show for the common ratio form contest success function that the second mover is never deterred. This stands in contrast to Powell's (Games and Economic Behavior 67(2), 611-615) finding where the second mover can be deterred. With variable resources both players exert efforts in both sequential and simultaneous games, whereas fixed resources cause characteristics of all battlefields or rents to impact efforts for each battlefield. With variable resources only characteristics of a given battlefield impact efforts are to win that battlefield because of independence across battlefields. Fixed resources impact efforts and hence differences in unit effort costs are less important. In contrast, variable resources cause differences in unit effort costs to be important. The societal implication is that resource constrained opponents can be expected to engage in warfare, whereas an advantaged player with no resource constraints can prevent warfare.
Year
DOI
Venue
2012
10.1142/S0219198912500119
INTERNATIONAL GAME THEORY REVIEW
Keywords
Field
DocType
Blotto, multiple rents, fixed resources, variable resources, rent seeking
Rent-seeking,Mathematical economics,Economics,Deterrence theory,Battlefield,CONTEST,Microeconomics,Impossibility,Economic rent
Journal
Volume
Issue
ISSN
14
2
0219-1989
Citations 
PageRank 
References 
0
0.34
2
Authors
1
Name
Order
Citations
PageRank
Kjell Hausken153746.28