Showing 11 - 20 of 9,058
Persistent link: https://www.econbiz.de/10011593910
This paper experimentally investigates the effect of limits on campaign spending and outcome in an electoral contest … candidates are asymmetric only in that the incumbent wins the contest in case of a tie. Theory predicts that in the presence of …
Persistent link: https://www.econbiz.de/10010291825
We consider a two-player contest for a prize of common but uncertain value. We show that less resources are spent in …
Persistent link: https://www.econbiz.de/10010307000
type. We consider a contest with two interest groups: one that is governed by a central planner and one that is not. Rent … dissipation is compared under two well-known contest success functions: the generalized logit and the all-pay auction. We also … resources invested in the contest. …
Persistent link: https://www.econbiz.de/10010328996
contests. Players may win a prize for winning each component contest, as well as a prize for winning the overall race. Each … component contest is an all-pay auction with complete information. We characterize the unique equilibrium analytically and …
Persistent link: https://www.econbiz.de/10010334077
contest. In both cases, when decisions to share information are made independently, sharing information is strictly dominated …
Persistent link: https://www.econbiz.de/10010334110
type. We consider a contest with two interest groups: one that is governed by a central planner and one that is not. Rent … dissipation is compared under two well-known contest success functions: the generalized logit and the all-pay auction. We also … resources invested in the contest. …
Persistent link: https://www.econbiz.de/10010335998
contestants are doubly heterogeneous: one of them has a head start in the first contest; and winning contest one gives an … advantage in contest two that varies between players. We show that, with a large head start, the principal chooses a zero prize … in contest two, i.e., runs a single contest. Otherwise, the laggard winning contest one may overturn the leader 's head …
Persistent link: https://www.econbiz.de/10012058693
We consider a standard two-player all-pay auction with private values, where the valuation for the object is private information to each bidder. The crucial feature is that one bidder is favored by the allocation rule in the sense that he need not bid as much as the other bidder to win the...
Persistent link: https://www.econbiz.de/10010263050
contest. In both cases, when decisions to share information are made independently, sharing information is strictly dominated …
Persistent link: https://www.econbiz.de/10008822740