Population uncertainty and revealing contestants

C-Tier
Journal: Economics Letters
Year: 2021
Volume: 199
Issue: C

Authors (2)

Kim, Bara (not in RePEc) Yoo, Seung Han (Korea University)

Score contribution per author:

0.503 = (α=2.01 / 2 authors) × 0.5x C-tier

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

Abstract

A number of contestants randomly arrives according to a Poisson distribution. Under population uncertainty, a contest designer considers whether or not to reveal the number of players to bidders. We show that for the expected revenue, the two policies are equivalent, but for the expected winner’s payment, the revealing policy dominates if the expected number of bidders is sufficiently large, whereas the concealing policy dominates if it is low.

Technical Details

RePEc Handle
repec:eee:ecolet:v:199:y:2021:i:c:s0165176521000045
Journal Field
General
Author Count
2
Added to Database
2026-01-29