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modeled as all-pay auctions with identity-dependent externalities. In this context, we define centrists and radicals using a …
Persistent link: https://www.econbiz.de/10010547898
We study decision making processes with non-standard all-pay structures. We motivate this interest through a group of regulatory, political, legal, military, and economic applications where individual actions determine the consequences for a larger group or the public. The common features of...
Persistent link: https://www.econbiz.de/10010679377