I consider an environment in which the entrepreneur generates information about the quality of the projects prior to contracting with the investor. The investor faces a moral hazard problem, since the entrepreneur may divert the funding for private consumption. When the investor bargains with...

I show that there exists a mapping between a class of information design games with multiple senders and a class of all-pay auctions. I fully characterize this mapping and show how to use it to find equilibria in the information design game. Such an approach could be applied to establish...

I characterize equilibria in an all-pay auction with a reserve price and a bid cap. I consider the cases of two and three players. I show that equilibrium bidding is characterized by atoms at 0, the reserve price, and the bid cap, as well as continuous bidding above the bid cap. If the...