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We study the design of information disclosure in a dynamic multi-agent research contest, where each agent privately searches for innovations and submits his best to compete for a winner-takes-all prize. We find that although submission is a onetime event for each agent, different disclosure...
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This paper examines the effects of disclosing the actual number of bidders in contests with endogenous stochastic entry. I study a standard all-pay auction in which bidders' valuations are commonly known but their participation decisions private. Each potential bidder has to incur an entry cost...
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We examine the effect of publicly disclosing or concealing bidders' types in an all-pay auction with a common bid cap. We call partial (full) disclosure policy the setup where the contest designer's disclosure policy is (not) contingent on type realization. Despite a bid cap possibly increasing...
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The contest entails one prize and n potential bidders. Each bidder receives a signal about the value of the prize and has a signal-dependent probability of participation. All bidders bear a cost of bidding that is an increasing function of their bids. It is shown that the contest organizer...
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This paper investigates whether a contest organizer should disclose private information about bidders' abilities in an all-pay auction. Bidders' abilities are affiliated through an underlying state of the world and are accessible by the contest organizer. The organizer decides whether to...
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