
This article introduces a new maximum likelihood estimator for analyzing durations in continuous time war of attrition games, where players compete over a prize with incomplete information about each other's strength.
Key Finding: The model shows strong players persist while weak ones exit via an increasing hazard rate until an endogenous point.
Duration Modeling Approach: We account for two unobserved durations: one ending abruptly and another continuing indefinitely between strong players.
Real-World Application: Using this estimator to analyze Senate filibuster lengths and international crisis durations reveals insights into strategic persistence in political contexts.

| A Duration Estimator for a Continuous Time War of Attrition Game was authored by Frederick J. Boehmke, Charles R. Shipan and Douglas Dion. It was published by Cambridge in PSR&M in 2021. |
