An N‐person war of attrition with the possibility of a noncompromising type
研究N人消耗战,引入不妥协类型,刻画均衡中哪些玩家在何时积极参战,分析谁可能退出及战争何时快速结束,并以群体动态选志愿者为例。
This paper studies an N ‐person war of attrition that needs one exit for its ending. An N ‐person war of attrition is qualitatively different from its two‐person version. Only in the former, may the set of players who are actively engaged in a war of attrition change over time. We introduce the possibility of a noncompromising type and characterize the unique equilibrium by identifying which players are actively involved in a war of attrition at each moment. We examine who is likely to exit and when the war of attrition ends quickly. As the leading example, we study how a group selects a volunteer in a dynamic setting.