We introduce and examine a game in which players can steal parts of a homo- geneous and perfectly divisible pie from each other. The expected effectiveness of a player's theft is proportional to the share of the pie he currently owns. We show how the incentives to preempt or to follow the rivals...

We present an endogenous timing game of action commitment in which play- ers can steal from each other parts of a homogeneous and perfectly divisible pie and the expected effectiveness of a player?s theft is proportional to the amount he currently owns. We show how the incentives to preempt or...