Carpenter, Jeffrey P. (contributor); … - 2004 - [Elektronische Ressource]
empirically, about the properties of charity auctions. The small theoretical literature suggests that the all-pay auction should … price or all-pay raises the most money. Our experiment suggests that both the all-pay and second price formats are dominated … difference between existing theory and the field. To conclude, we show that a model of charity auctions augmented by an …