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The contest entails one prize and n potential bidders. Each bidder receives a signal about the value of the prize and has a signal-dependent probability of participation. All bidders bear a cost of bidding that is an increasing function of their bids. It is shown that the contest organizer...
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We develop a model of a sealed-bid first-price auction where the auctioneer acting on behalf of the seller may be involved in corruption. She is offered a bribe from one of the participants and can allow him to resubmit his bid. We show that the seller can often offer the auctioneer a...
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The auction designer has one favorite among bidders and maximizes hisutility by choosing an auction plan, i.e., choosing the auction format conditionalon the favorite's value. I show that the designer can favor one of the bidderseven if favoritism within an auction is not allowed. In this case,...
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This paper examines the effects of disclosing the actual number of bidders in contests with endogenous stochastic entry. I study a standard all-pay auction in which bidders' valuations are commonly known but their participation decisions private. Each potential bidder has to incur an entry cost...
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This paper investigates whether a contest organizer should disclose private information about bidders' abilities in an all-pay auction. Bidders' abilities are affiliated through an underlying state of the world and are accessible by the contest organizer. The organizer decides whether to...
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We study all-pay auctions with private and affiliated binary values. To increase revenue (i.e., expected aggregate bid), the auction organizer can commit ex ante to fully disclosing or concealing bidders’ valuations. We find that full disclosure, as opposed to full concealment, always...
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