Showing 1 - 3 of 3
Persistent link: https://www.econbiz.de/10005409062
Persistent link: https://www.econbiz.de/10005413710
We study all-pay auctions with multiple prizes. The players have the same value for all the certain prizes except for one uncertain prize for which each player has a private value. We characterize the equilibrium strategy and show that, independent of the ranking of the uncertain prize, if the...
Persistent link: https://www.econbiz.de/10011117138