IS EMULATION GOOD FOR YOU? THE UPs AND DOWNs OF RIVALRY
We introduce the notion of emulation that accounts for the effect of another participant's goals on the probability of success of an individual in the context of a sporting contest. The individual not only chooses her effort to maximize utility, but also reacts to the goals set by her own coach and the coach of another individual. We analyse the game of goal setting between two coaches. Beginning with identically able athletes, as one athlete's ability increases, both athletes' set goals are increased but the more able one's increases faster at first. At some critical point the coach of the less able athlete shifts to a mixed strategy that pins the other coach to a single pure strategy.
Volume (Year): 01 (2012)
Issue (Month): 01 ()
|Contact details of provider:|| Web page: http://www.worldscinet.com/gje/gje.shtml|
|Order Information:|| Email: |
References listed on IDEAS
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
- Clark Damon, 2010.
"Selective Schools and Academic Achievement,"
The B.E. Journal of Economic Analysis & Policy,
De Gruyter, vol. 10(1), pages 1-40, February.
- Arye L. Hillman & John G. Riley, 1989.
"Politically Contestable Rents And Transfers,"
Economics and Politics,
Wiley Blackwell, vol. 1(1), pages 17-39, 03.
- James D. Dana, 2005. "Strategic Differentiation And Strategic Emulation In Games With Uncertainty," Journal of Industrial Economics, Wiley Blackwell, vol. 53(3), pages 417-432, 09.
- Kaufman, Bruce E., 1999. "Emotional arousal as a source of bounded rationality," Journal of Economic Behavior & Organization, Elsevier, vol. 38(2), pages 135-144, February.
When requesting a correction, please mention this item's handle: RePEc:wsi:gjexxx:v:01:y:2012:i:01:p:1250003-1-1250003-21. See general information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Tai Tone Lim)
If references are entirely missing, you can add them using this form.