Sequential two-prize contests

B-Tier
Journal: Economic Theory
Year: 2012
Volume: 51
Issue: 2
Pages: 383-395

Score contribution per author:

2.011 = (α=2.01 / 1 authors) × 1.0x B-tier

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

Abstract

We study a two-stage all-pay auction with two identical prizes. In each stage, the players compete for one prize. Each player may win either one or two prizes. We analyze the unique subgame-perfect equilibrium of our model with two players where each player’s marginal values for the prizes are decreasing, constant, or increasing. We also analyze an equilibrium of the model with more than two players where each player’s marginal values for the prizes are nonincreasing. Copyright Springer-Verlag 2012

Technical Details

RePEc Handle
repec:spr:joecth:v:51:y:2012:i:2:p:383-395
Journal Field
Theory
Author Count
1
Added to Database
2026-01-29