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Information feedback and contest structure in rent-seeking games
Fallucchi, Francesco; Renner, Elke; Sefton, Martin - 2012
We investigate the role of information feedback in rent-seeking games with two different contest structures. In the stochastic contest a contestant wins the entire rent with probability equal to her share of rent-seeking expenditures; in the deterministic contest she receives a share of the rent...
Persistent link: https://www.econbiz.de/10009618920
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Information feedback and contest structure in rent-seeking games
Fallucchi, Francesco; Renner, Elke; Sefton, Martin - In: European economic review : EER 64 (2013), pp. 223-240
Persistent link: https://www.econbiz.de/10010360136
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Information acquisition during a Dutch auction
Miettinen, Paavo - 2010
Persistent link: https://www.econbiz.de/10003934501
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Information acquisition during a Dutch auction
Miettinen, Paavo - In: Journal of economic theory 148 (2013) 3, pp. 1213-1225
Persistent link: https://www.econbiz.de/10009763721
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Information Acquisition During a Dutch Auction
Miettinen, Paavo - 2010
In this paper we consider equilibrium behavior in a Dutch (descending price) auction where the bidders are uninformed … auction. We assume that the information acquisition activity is covert. We characterize the equilibrium behavior in a setting …, the Dutch auction produces more revenue than would a first price auction …
Persistent link: https://www.econbiz.de/10014196912
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Information Acquisition During a Dutch Auction
Miettinen, Paavo - 2012
In this paper we consider equilibrium behavior in a Dutch (descending price) auction where the bidders are uninformed … auction. We assume that the information acquisition activity is covert. We characterize the equilibrium behavior in a setting …, the Dutch auction produces more revenue than would a first price auction …
Persistent link: https://www.econbiz.de/10013109754
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Incorporating the time-order effect of feedback in online auction markets through a Bayesian updating model
Chau, Michael; Li, Wenwen; Yang, Boye; Lee, Alice J.; … - In: MIS quarterly 45 (2021) 2, pp. 985-1006
Persistent link: https://www.econbiz.de/10012631394
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Ein Teaching Tool zur Theorie des Rent-Seeking
Bischoff, Ivo; Hofmann, Kai - In: Wirtschaftswissenschaftliches Studium : WiSt ; … 30 (2001) 4, pp. 229-232
Persistent link: https://www.econbiz.de/10001570325
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Learning the structure of a simple rent-seeking game
Clark, Derek J. - In: Public choice 93 (1997) 1, pp. 119-130
Persistent link: https://www.econbiz.de/10001226750
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Rent Seeking and Power Hierarchies : A Noncooperative Model of Network Formation with Antagonistic Links
Huremovic, Kenan - 2014
Network structure has a significant role in determining the outcomes of many socioeconomic relationships, including the antagonistic ones. In this paper we study a situation in which agents, embedded in a network, simultaneously play interrelated bilateral contest games with their neighbors....
Persistent link: https://www.econbiz.de/10014145361