![]() ![]() In a laboratory experiment, we find that strategies that spread resources widely are played frequently, consistent with equilibrium predictions. In particular, the expected share of the budget allocated to the large battlefield exceeds its value relative to the total value of all battlefields, and with a high probability (exceeding 90 % in our treatments) resources are spread over more battlefields than are needed to win the game. For each of the games we study, we compute an equilibrium and we show that certain properties of equilibrium play are the same in any equilibrium. A player wins if he wins the large and any one small battlefield, or all the small battlefields. We focus on apex games, in which there is one large and several small battlefields. The player who wins the battlefields with highest total value receives a constant winner payoff, while the other player receives a constant loser payoff. Each battlefield is won by the player who allocates the most to that battlefield. Two players allocate a fixed discrete budget across battlefields. It does not store any personal data.We investigate a version of the classic Colonel Blotto game in which individual battlefields may have different values. The cookie is set by the GDPR Cookie Consent plugin and is used to store whether or not user has consented to the use of cookies. The cookie is used to store the user consent for the cookies in the category "Performance". This cookie is set by GDPR Cookie Consent plugin. ![]() ![]() The cookie is used to store the user consent for the cookies in the category "Other. ![]() The cookies is used to store the user consent for the cookies in the category "Necessary". The cookie is set by GDPR cookie consent to record the user consent for the cookies in the category "Functional". The cookie is used to store the user consent for the cookies in the category "Analytics". These cookies ensure basic functionalities and security features of the website, anonymously. Necessary cookies are absolutely essential for the website to function properly. ![]()
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