Publication:

The all-pay auction with complete information and identity-dependent externalities

Date

Date

Date
2013
Working Paper

Citations

Citation copied

Klose, B. S., & Kovenock, D. J. (2013). The all-pay auction with complete information and identity-dependent externalities (No. 118; Working Paper Series / Department of Economics).

Abstract

Abstract

Abstract

We derive a necessary and sufficient condition for the existence of equilibria with only two active players in the all-pay auction with complete information and identity-dependent externalities. This condition shows that the generic equilibrium of the standard all-pay auction is robust to the introduction of "small" identity-dependent externalities. In general, however, the presence of identity-dependent externalities invalidates well-established qualitative results concerning the set of equilibria of the first-price all-pay auction w

Metrics

Citations

Additional indexing

Creators (Authors)

  • Klose, Bettina Susanne
  • Kovenock, Daniel J

Series Name

Series Name

Series Name
Working paper series / Department of Economics

Institution

Institution

Institution

Item Type

Item Type

Item Type
Working Paper

Dewey Decimal Classifikation

Dewey Decimal Classifikation

Dewey Decimal Classifikation

JEL Classification

JEL Classification

JEL Classification
D44
D62
D72
C72

Keywords

All-pay auction, identity-dependent externalities, payoff nonequivalence, political conflict, Auktion, Auktionstheorie, Spieltheorie, politischer Konflikt

Scope

Scope

Scope
Discipline-based scholarship (basic research)

Language

Language

Language
English

Publication date

Publication date

Publication date
2013-04

Date available

Date available

Date available
2013-04-16

Number of pages

Number of pages

Number of pages
12

ISSN or e-ISSN

ISSN or e-ISSN

ISSN or e-ISSN
1664-7041

OA Status

OA Status

OA Status
Green

Other Identification Number

Other Identification Number

Other Identification Number
merlin-id:8087

Metrics

Citations

Citations

Citation copied

Klose, B. S., & Kovenock, D. J. (2013). The all-pay auction with complete information and identity-dependent externalities (No. 118; Working Paper Series / Department of Economics).

Green Open Access
Loading...
Thumbnail Image

Files

Files

Files
Files available to download:1

Files

Files

Files
Files available to download:1
Loading...
Thumbnail Image