private. We implement different semi-structured bargaining protocols based on deferred acceptance, and we compare their … performance to the benchmark scenario of a sealed-bid auction. We show that bargaining dramatically improves efficiency, mainly to … the benefit of players rather than the silent auctioneer. A protocol of unconstrained simultaneous bargaining performs …

unique pure-strategy Nash equilibrium in rent-seeking games of complete information. In this paper, we generalize their … results to contests with incomplete informa tion. Two assumptions are imposed on the information structure. First, the players …

information is symmetrically distributed and the scoring bias is set to offset the initial asymmetry between players … signals and (ii) endogenous information structure. We show that information favoritism can play a useful role in addressing …

(ERA) is a first-price auction in which truthful bidding is encouraged by bonus payments. We test the robustness property …

spite extends to the seller. We experimentally test the model predictions by exogenously varying the presence of human …