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This paper analyzes how all-pay auctions with endogenous prizes can be used to provide effort incentives. We show that wide classes of effort distributions can be implemented as equilibrium outcomes of such games. We also ask how all-pay auctions have to be structured so as to induce high...
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We view achieving a particular correlated equilibrium distribution for a normal form game as an implementation problem …
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We provide a mechanism that approximately implements the Mas-Colell bargaining set in subgame perfect equilibrium. The mechanism is based on the definition of the Mas-Colell bargaining set, and respects feasibility in and out of equilibrium.
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-ante implementable social choice functions. This holds for a large set of implementation standards, including Nash implementation, and …
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is provided for subgame perfect equilibria. Finally, it is indicated how these results can be extended to implementation …
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