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On the continuous equilibria of affiliated-value, all-pay auctions with private budget constraints

Kotowski, Maciej H.; Li, Fei - 2014 - Rev., third version

Persistent link: https://www.econbiz.de/10010390449

On the continuous equilibria of affiliated-value, all-pay auctions with private budget constraints

Kotowski, Maciej H.; Li, Fei - 2012

Persistent link: https://www.econbiz.de/10009571719

On the continuous equilibria of affiliated-value, all-pay auctions with private budget constraints

Kotowski, Maciej H.; Li, Fei - 2013 - Rev., second version

Persistent link: https://www.econbiz.de/10010387483

On the continuous equilibria of affiliated-value, all-pay auctions with private budget constraints

Kotowski, Maciej H.; Li, Fei - In: Games and economic behavior 85 (2014), pp. 84-108

Persistent link: https://www.econbiz.de/10010489238

'On the Continuous Equilibria of Affiliated-Value, All-Pay Auctions with Private Budget Constraints', Third Version

Kotowski, Maciej H. - 2014

We consider all-pay auctions in the presence of interdependent, affiliated valuations and private budget constraints. For the sealed-bid, all-pay auction we characterize a symmetric equilibrium in continuous strategies for the case of N bidders. Budget constraints encourage more aggressive...

Persistent link: https://www.econbiz.de/10013060798