War of Attrition - Timing Game

Current Contest - Time: 0

Player 1 Value: ? | Cost: 0

Player 2 Value: ? | Cost: 0

Max Resource Value: 100

Cost per Time Unit: 1

Value Asymmetry: 0.00

Population: 100

Contests Run:0

Avg Duration:0

Avg Winner Value:0

Higher Value Wins:0%

ESS (exponential λ):-

About this simulation: The War of Attrition (Maynard Smith, 1974) models contests where both players accumulate costs while waiting for the other to give up. The ESS is a mixed strategy with exponential bid distribution. With private information about valuations, players bid proportional to their value. Watch how asymmetric valuations affect contest outcomes and duration.