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Charity auctions for the happy few
Bos, Olivier - 2008
Recent literature has shown that all-pay auctions raise more money for charity than winner-pay auctions. We demonstrate that the first and second-price winner-pay auctions generate higher revenue than first-price all-pay auctions when bidders are sufficiently asymmetric. To prove it, we consider...
Persistent link: https://www.econbiz.de/10010264437
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Bidding among friends and enemies
Ettinger, David - 2003
paid by the winner. We study the impact of these price-externalities on the first-price auction and the second … independently from the identity of the winner. We prove that the first-price auction is not affected by this kind of price-externalities … by the presence of such price-externalities. In any case, in comparison with the first-price auction, the second …
Persistent link: https://www.econbiz.de/10011591224
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Bidding among Friends and Enemies
Ettinger, David - 2003
paid by the winner. We study the impact of these price-externalities on the first-price auction and the second … independently from the identity of the winner. We prove that the first-price auction is not affected by this kind of price-externalities … by the presence of such price-externalities. In any case, in comparison with the first-price auction, the second …
Persistent link: https://www.econbiz.de/10011325066
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Charity Auctions for the Happy Few
Bos, Olivier - CESifo - 2008
Recent literature has shown that all-pay auctions raise more money for charity than winner-pay auctions. We demonstrate that the first and second-price winner-pay auctions generate higher revenue than first-price all-pay auctions when bidders are sufficiently asymmetric. To prove it, we consider...
Persistent link: https://www.econbiz.de/10005181374
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Charity Auctions for the Happy Few
Bos, Olivier - Staatswissenschaftliches Seminar, Wirtschafts- und … - 2010
Recent literature has shown that all-pay auctions raise more money for charity than winner-pay auctions. We demonstrate that the first-price and second-price winner-pay auctions outperform the first-price and second-price all-pay auction when bidders are sufficiently asymmetric. To prove it, we...
Persistent link: https://www.econbiz.de/10008615457
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Controlling externalities in the presence of rent seeking
Mackenzie, Ian A. - 2009
investigate the incentives to expend effort for a prize that produces consumption externalities and consider alternative … regulatory policies. We find relatively more global consumption externalities will increase (decrease) rent seeking when … consumption externalities are negative (positive). We show how introducing Pigouvian taxation (possibly with revenue transfer) and …
Persistent link: https://www.econbiz.de/10008735783
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Educating voters for protection
Sawaki, Hisashi - In: The journal of international trade & economic development 24 (2015) 7/8, pp. 906-921
Persistent link: https://www.econbiz.de/10011396571
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Peer effects and incentives
Kräkel, Matthias - 2014
In a multi-agent setting, individuals often compare own performance with that of their peers. These comparisons influence agents incentives and lead to a noncooperative game, even if the agents have to complete independent tasks. I show that depending on the interplay of the peer effects, agents...
Persistent link: https://www.econbiz.de/10011430294
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The core of aggregative cooperative games with externalities
Stamatopoulos, Giorgos - In: The B.E. journal of theoretical economics 16 (2016) 1, pp. 389-410
Persistent link: https://www.econbiz.de/10011431765
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Could a Pigouvian subsidy mitigate poker machine externalities, in Australia?
Rowell, David; Gyrd-Hansen, Dorte - In: Economic papers : a journal of applied economics and policy 33 (2014) 4, pp. 327-338
Persistent link: https://www.econbiz.de/10011433475