Winner-Take-All Game

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A Winner-Take-All Game is a competitive game whose natural end-state has one winner.



References

2013

2012

  • (Dekel & Scotchmer, 1999) ⇒ Eddie Dekel, and Suzanne Scotchmer. (1999). “On the Evolution of Attitudes towards Risk in Winner-Take-All Games.” In: Journal of Economic Theory, 87(1). doi:10.1006/jeth.1999.2537
    • QUOTE: A long-standing conjecture is that winner-take-all games such as patent races lead to the survival of risk-takers and the extinction of risk-averters. In many species a winner-take-allgame determines the males' right to reproduce, and the same argument suggests that males will evolve to be risk-takers. Psychological and sociological evidence buttresses the argument that males are more risk-taking than females. Using an evolutionary model of preference-formation, we investigate to what extent evolution leads to risk-taking in winner-take-all environments.