This paper analyzes the signaling effect of bidding in a two-round elimination contest. Before the final round, bids in the preliminary round are revealed and act as signals of the contestants' private valuations. Depending on his valuation, a contestant may have an incentive to bluff or sandbag...

This paper investigates social preferences in network games, where the network structure determines whose action affects the payoff of which player. We develop alternative theories that incorporate inequality aversion and welfare preference into the context of network games, and test their...