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The effect of competition on eBay

Newberry, Peter W. - In: International journal of industrial organization 40 (2015), pp. 107-118

Persistent link: https://www.econbiz.de/10011487400

Innovation contests with entry auction

Giebe, Thomas - In: Journal of mathematical economics 55 (2014), pp. 165-176

Persistent link: https://www.econbiz.de/10011297772

Endogenous Network Formation in Patent Contests and Its Role as a Barrier to Entry

Marinucci, Marco - 2014

In a setting of R&D co-opetition we study, by using an all-pay auction approach, how collaboration affects strategic decisions during a patent contest, and how the latter influences the possible collaboration network structures the firms can hope to form. The all pay auction approach allows us...

Persistent link: https://www.econbiz.de/10013070440

Prizes in Contests with Many Entrants

Menietti, Michael - 2020

We examine the properties of all-pay contests in the spirit of Moldovanu and Sela (2001) as the number of entrants grows large under organizer objectives of expected and expected maximum outcomes. Unlike the case with a small number of entrants, with a large number of entrants a single prize...

Persistent link: https://www.econbiz.de/10012835938

Entry and Competition in Takeover Auctions

Gentry, Matthew L. - 2018

We estimate the degree of uncertainty faced by potential bidders in takeover auctions and quantify how it affects prices in auctions and negotiations. The high degree of uncertainty revealed by our structural estimation encourages entry in auctions but reduces a target's bargaining power in...

Persistent link: https://www.econbiz.de/10012938019

The Optimal Allocation of Prizes in Contests with Costly Entry

Liu, Bin - 2020

Contestants often need to incur an opportunity cost to participate in the competition. In this paper, we accommodate … costly entry and study the effort-maximizing prize allocation rule in a contest environment of all-pay auction with … allocation rule to be contingent on the number of entrants. With free entry, Moldovanu and Sela establish the optimality of …

Persistent link: https://www.econbiz.de/10012849541