The Max‐Min Group Contest: Weakest‐link (Group) All‐Pay Auction

C-Tier
Journal: Southern Economic Journal
Year: 2016
Volume: 83
Issue: 1
Pages: 105-125

Authors (3)

Subhasish M. Chowdhury (University of Sheffield) Dongryul Lee (not in RePEc) Iryna Topolyan (not in RePEc)

Score contribution per author:

0.336 = (α=2.02 / 3 authors) × 0.5x C-tier

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

Abstract

We investigate a group all‐pay auction in which each group's effort is represented by the minimum among the effort levels exerted by the group members and the prize is a group‐specific public good. We fully characterize the symmetric equilibria for two groups. There are four types of equilibria: the pure strategy equilibria in which all (active) players exert the same effort; the semi‐pure strategy equilibria in which the players in a group play the same pure strategy whereas those in the other group play the same mixed strategy; the nondegenerate mixed strategy equilibria with continuous support; and the nondegenerate mixed strategy equilibria with discontinuous support. We then analyze a general contest with n groups.

Technical Details

RePEc Handle
repec:wly:soecon:v:83:y:2016:i:1:p:105-125
Journal Field
General
Author Count
3
Added to Database
2026-01-25