Best-of-three all-pay auctions

C-Tier
Journal: Economics Letters
Year: 2011
Volume: 112
Issue: 1
Pages: 67-70

Score contribution per author:

1.005 = (α=2.01 / 1 authors) × 0.5x C-tier

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

Abstract

We study a best-of-three all-pay auction. It is shown that with values of winning and without values of losing, this auction is less productive (the players' total expected effort is smaller) than the one-stage all-pay auction. However, with different values of losing over the contest's stages it may be more productive than the one-stage all-pay auction.

Technical Details

RePEc Handle
repec:eee:ecolet:v:112:y:2011:i:1:p:67-70
Journal Field
General
Author Count
1
Added to Database
2026-01-29