Sequential two-prize contests

被引：0
|
作者：
Aner Sela
机构：
[1] Ben-Gurion University of the Negev,Department of Economics
来源：
Economic Theory | 2012年 / 51卷
关键词：
Multi-stage contests; All-pay auctions; D44; D82; J31; J41;
D O I：
暂无
中图分类号：
学科分类号：
摘要：
We study a two-stage all-pay auction with two identical prizes. In each stage, the players compete for one prize. Each player may win either one or two prizes. We analyze the unique subgame-perfect equilibrium of our model with two players where each player’s marginal values for the prizes are decreasing, constant, or increasing. We also analyze an equilibrium of the model with more than two players where each player’s marginal values for the prizes are nonincreasing.
引用
收藏
页码：383 / 395
页数：12
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