All-pay-all Aspects of Political Decision Making

We study decision making processes with non-standard all-pay structures. We motivate this interest through a group of regulatory, political, legal, military, and economic applications where individual actions determine the consequences for a larger group or the public. The common features of these examples are a competitive environment, winner-take-all reward structure, and some form of all-pay-all payment rule.

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Year of publication:	2013
Authors:	Giebe, Thomas ; Schweinzer, Paul
Institutions:	CESifo
Subject:	auctions \| contests \| regulation \| conflict

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Extent:	application/pdf
Series:	CESifo Working Paper Series.
Type of publication:	Book / Working Paper
Notes:	Number 4330
Classification:	C70 - Game Theory and Bargaining Theory. General ; D70 - Analysis of Collective Decision-Making. General ; L50 - Regulation and Industrial Policy. General
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10010679377