Disclosure policy in a multi-prize all-pay auction with stochastic abilities

C-Tier
Journal: Economics Letters
Year: 2014
Volume: 125
Issue: 3
Pages: 376-380

Authors (3)

Fu, Qiang (not in RePEc) Jiao, Qian (not in RePEc) Lu, Jingfeng (National University of Singapo...)

Score contribution per author:

0.335 = (α=2.01 / 3 authors) × 0.5x C-tier

α: calibrated so average coauthorship-adjusted count equals average raw count

Abstract

This paper investigates whether a contest organizer should disclose private information about bidders’ abilities in a multi-prize all-pay auction. Bidders’ abilities are randomly distributed and observed by the contest organizer; the organizer decides whether to disclose this information publicly. We find that concealing the information elicits higher expected total effort, regardless of the distribution of abilities. In addition, we find that the rent-dissipation rate of the contest does not depend on the disclosure policy.

Technical Details

RePEc Handle
repec:eee:ecolet:v:125:y:2014:i:3:p:376-380
Journal Field
General
Author Count
3
Added to Database
2026-01-25