Multi-stage sequential all-pay auctions

B-Tier
Journal: European Economic Review
Year: 2014
Volume: 70
Issue: C
Pages: 371-382

Authors (2)

Score contribution per author:

1.005 = (α=2.01 / 2 authors) × 1.0x B-tier

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

Abstract

We study multi-stage sequential all-pay contests (auctions) where heterogeneous contestants are privately informed about a parameter (ability) that affects their cost of effort. We characterize the perfect Bayesian equilibrium of these contests and analyze the effect of the number of contestants and their types on the contestants׳ expected highest effort.

Technical Details

RePEc Handle
repec:eee:eecrev:v:70:y:2014:i:c:p:371-382
Journal Field
General
Author Count
2
Added to Database
2026-01-29