Showing 251 - 260 of 275
Persistent link: https://www.econbiz.de/10011660412
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...
Persistent link: https://www.econbiz.de/10012842808
We examine the effect of publicly disclosing or concealing bidders' types in an all-pay auction with a common bid cap. We call partial (full) disclosure policy the setup where the contest designer's disclosure policy is (not) contingent on type realization. Despite a bid cap possibly increasing...
Persistent link: https://www.econbiz.de/10012827848
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...
Persistent link: https://www.econbiz.de/10012868188
Persistent link: https://www.econbiz.de/10012018372
In an influential paper, Fang (Public Choice 112: 351–371, 2002) asserts that the exclusion principle discovered by Baye et al. (1993) for all-pay auction does not apply to lottery in the case in which an organizer cares about the aggregate effort. Serena (2017) shows that the exclusion...
Persistent link: https://www.econbiz.de/10012824469
When managers share distinctive, consistent, and consensual information, referred to as human resource (HR) strength, it is easier for employees to make sense of the information and understand what is expected from them. Drawing on insights from HR strength, attribution, and cross-cultural...
Persistent link: https://www.econbiz.de/10013300148
The impact of climate risks on infrastructure may damage the security of the fiscal system. Using the climate disaster-related data of 31 provinces in China from 2005 to 2018, a climate risk index was constructed, and a two-way fixed-effects panel model was used to measure the impact of climate...
Persistent link: https://www.econbiz.de/10013301800
In this study, AlSiMgMnCu alloys with different Cu and Mg contents were processed by the high pressure die casting (HPDC) technics. The phase formation and their microstructure evolution are quantitatively studied by serial block-face scanning electron microscopy (SBFSEM) at nano-scale in...
Persistent link: https://www.econbiz.de/10013302395
Micro-ductile fracture mechanism of a newly-produced meta-steel with a distinct auxetic effect is investigated mainly by performing in-situ X-ray micro-computed tomography (micro-CT) experiments. Conventional Q235 steel is chosen as a reference. The newly-produced meta-steel demonstrates a...
Persistent link: https://www.econbiz.de/10013302418