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Equilibrium in a war of attrition with an option to fight decisively

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dc.contributor.authorKim, Geofferey Jiyun-
dc.contributor.authorKim, Bara-
dc.contributor.authorKim, Jeongsim-
dc.date.accessioned2021-09-01T12:53:04Z-
dc.date.available2021-09-01T12:53:04Z-
dc.date.created2021-06-19-
dc.date.issued2019-07-
dc.identifier.issn0167-6377-
dc.identifier.urihttps://scholar.korea.ac.kr/handle/2021.sw.korea/64255-
dc.description.abstractWe develop a symmetric incomplete-information continuous-time two-player war-of-attrition game with an option to fight decisively. We show that there exists an essentially unique symmetric Bayesian Nash equilibrium. Under equilibrium, the game does not end immediately, and a costly delay persists even with the availability of the fighting option that ends the game if chosen. In addition, there exists a critical time in which a fight occurs unless a player resigns before that time. (C) 2019 Elsevier B.V. All rights reserved.-
dc.languageEnglish-
dc.language.isoen-
dc.publisherELSEVIER SCIENCE BV-
dc.subjectGENERALIZED WAR-
dc.subjectGAMES-
dc.titleEquilibrium in a war of attrition with an option to fight decisively-
dc.typeArticle-
dc.contributor.affiliatedAuthorKim, Bara-
dc.identifier.doi10.1016/j.orl.2019.05.005-
dc.identifier.scopusid2-s2.0-85067255675-
dc.identifier.wosid000474502700017-
dc.identifier.bibliographicCitationOPERATIONS RESEARCH LETTERS, v.47, no.4, pp.326 - 330-
dc.relation.isPartOfOPERATIONS RESEARCH LETTERS-
dc.citation.titleOPERATIONS RESEARCH LETTERS-
dc.citation.volume47-
dc.citation.number4-
dc.citation.startPage326-
dc.citation.endPage330-
dc.type.rimsART-
dc.type.docTypeArticle-
dc.description.journalClass1-
dc.description.journalRegisteredClassscie-
dc.description.journalRegisteredClassscopus-
dc.relation.journalResearchAreaOperations Research & Management Science-
dc.relation.journalWebOfScienceCategoryOperations Research & Management Science-
dc.subject.keywordPlusGENERALIZED WAR-
dc.subject.keywordPlusGAMES-
dc.subject.keywordAuthorWar of attrition-
dc.subject.keywordAuthorIncomplete information-
dc.subject.keywordAuthorBayesian Nash equilibrium-
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