Stochastic asymmetric Blotto games: An experimental study

B-Tier
Journal: Journal of Economic Behavior and Organization
Year: 2017
Volume: 139
Issue: C
Pages: 88-105

Authors (2)

Score contribution per author:

1.005 = (α=2.01 / 2 authors) × 1.0x B-tier

α: calibrated so average coauthorship-adjusted count equals average raw count

Abstract

We consider a model where two players compete for n items having different common values in a Blotto game. Players must decide how to allocate their common budgets across all n items. The winner of each item is determined stochastically using a lottery mechanism which yields a unique equilibrium in pure strategies. We analyze behavior under two competing payoff objectives found in the Blotto games literature that have not been previously compared: (i) players aim to maximize their total expected payoff and (ii) players maximize the probability of winning a majority value of all n items. We report results from an experiment where subjects face both payoff objectives and we find support for the differing theoretical predictions.

Technical Details

RePEc Handle
repec:eee:jeborg:v:139:y:2017:i:c:p:88-105
Journal Field
Theory
Author Count
2
Added to Database
2026-01-25