This paper derives sufficient conditions for a class of games of incomplete information, such as first price auctions … values; a class of pricing games with incomplete information about costs; a class of all-pay auction games; and a class of … private information about his own type (for example, a bidder's value for an object of a firm's marginal cost of production …

We study all-pay auctions (or wars of attrition), where the highest bidder wins an object, but all bidders pay their … bids. We consider such auctions when two bidders alternate in raising their bids and where all aspects of the auction are … determining the outcome of the auctions. …

We study all-pay auctions (or wars of attrition), where the highest bidder wins an object, but all bidders pay their … bids. We consider such auctions when two bidders alternate in raising their bids and where all aspects of the auction are … determining the outcome of the auctions. …

in its effect on allocational efficiency and information aggregation …

Combinatorial exchanges have existed for a long time in securities markets. In these auctions buyers and sellers can …

strategically distorted information. This ambiguity about the type of spy gives rise to a non-standard signaling problem where both … sender and receiver of messages have private information and the sender has a chance to make an unobserved move. Whereas …

- namely, equilibrium existence in first-price auctions and the revenue dominance of second-price auctions - do not generalize …

economic models of information and proves the existence of a minimally informative random variable that makes types … comprehensive investigation on the revenue ranking of auctions under general dependence. …

economic models of information and proves the existence of a minimally informative random variable that makes types … comprehensive investigation on the revenue ranking of auctions under general dependence. …

information environments. We formally decompose the revenue effects coming from less competition into four types: a competition … that the seller benefits from less competition in markets with more complete valuation and information structures. …