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Voluntary disclosure in unfair contests
Ewerhart, Christian; Lareida, Julia - 2021 - Revised version
Pareto inferior unraveling, the favorite may prefer to shut down communication, but this is never the case for the underdog …
Persistent link: https://www.econbiz.de/10012420336
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Voluntary disclosure in asymmetric contests
Ewerhart, Christian; Lareida, Julia - 2023 - Revised version, July 2023
This paper studies the incentives for interim voluntary disclosure of verifiable information in probabilistic all-pay contests with two-sided incomplete information. Private information may concern marginal cost, valuations, and ability. Our main result says that, if the contest is uniformly...
Persistent link: https://www.econbiz.de/10014321141
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Voluntary disclosure in unfair contests
Ewerhart, Christian; Grünseis, Julia - 2018
"defiant" behavior. Moreover, while individually rational for the marginal type, the unraveling may be strictly Pareto inferior … all-pay auction. The proofs employ lattice-theoretic methods and an improved version of Jensen's inequality. …
Persistent link: https://www.econbiz.de/10011969190
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Voluntary disclosure in unfair contests
Ewerhart, Christian; Grünseis, Julia - 2021
Pareto inferior unraveling, the favorite may prefer to shut down communication, but this is never the case for the underdog …
Persistent link: https://www.econbiz.de/10012420693
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Voluntary disclosure in asymmetric contests
Ewerhart, Christian; Lareida, Julia - 2023
This paper studies the incentives for interim voluntary disclosure of verifiable information in probabilistic all-pay contests with two-sided incomplete information. Private information may concern marginal cost, valuations, and ability. Our main result says that, if the contest is uniformly...
Persistent link: https://www.econbiz.de/10014333781
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Voluntary Disclosure in Asymmetric Contests
Ewerhart, Christian; Lareida, Julia - 2021
Pareto inferior unraveling, the favorite may prefer to shut down communication, but this is never the case for the underdog …
Persistent link: https://www.econbiz.de/10013251018
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Incomplete Information in Rent-seeking Contests
Wasser, Cédric - 2014
We consider a variant of the Tullock lottery contest. Each player's constant marginal cost of effort is drawn from a potentially different continuous distribution. In order to study the impact of incomplete information we compare three informational settings to each other: players are either...
Persistent link: https://www.econbiz.de/10013070148
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Strategic disclosure of demand information by duopolists : theory and experiment
Jansen, Jos; Pollak, Andreas - 2015
We study the strategic disclosure of demand information and product-market strategies of duopolists. In a setting where both firms receive information with some probability, we show that firms selectively disclose information in equilibrium in order to influence their competitorś product-market...
Persistent link: https://www.econbiz.de/10011301237
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The Private Value Single Item Bisection Auction
Herings, P. Jean-Jacques; Grigorieva, Elena; Muller, Rudolf - 2003
In this paper we present a new iterative acution, the bisection auction, that can be used for the sale of a single … indivisible object. We will show that the bisection auction is computationally more efficient than the classical English auction … while it still preserves all characteristics the English auction shares with the Vickrey auction: There exists an …
Persistent link: https://www.econbiz.de/10014095794
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Single Crossing Properties and the Existence of Pure Strategy Equilibria in Games of Incomplete Information
Athey, Susan - 2013
) formulation of the "mineral rights" auction. The restriction we consider is that each player's expected payoffs satisfy the … mineral rights auction games and other games where "winning" creates a discontinuity in payoffs, the existence result can be … values; a class of pricing games with incomplete information about costs; a class of all-pay auction games; and a class of …
Persistent link: https://www.econbiz.de/10014046578