Showing 1 - 3 of 3
Persistent link: https://www.econbiz.de/10012029972
Persistent link: https://www.econbiz.de/10012801379
In this paper, we consider a sequence of multi-prize all-pay auctions, where the contestants who exert the lowest efforts in a round are eliminated. We analyze if and how the behavior of contestants is influenced by the possibility that strong rivals are eliminated along the way. The conditions...
Persistent link: https://www.econbiz.de/10012900020