Perfectly discriminating contests (or all pay auction) are widely used as a model of situations where individuals … devote resources to win some prize. In reality such contests are often preceded by investments of the contestants into their …

-binding price requests. Using a laboratory experiment, we examine how competition moderates the way such cheap-talk communication … competition, although some of them become weaker. Our main findings are the following: (i) The ability of sellers to make non … bargaining and in competition; (ii) Competition reduces the informativeness of the price requests and weakens the anchoring …

, political lobbying, electoral competition, optimally biased contests, the empirical analysis of rent-seeking, and dynamic …This paper considers all-pay contests in which the relationship between bids and allocation reflects a small amount of … contests. …

This paper analyzes the design of innovation contests when the quality of an innovation depends on the research … suppliers. We also compare other common contests, in particular, fixed-prize tournaments and auctions. Like bonus tournaments …