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employment office or head hunter. In a centralised descending-bid, multi-item procurement auction, workers submitwage-bids for …
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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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. 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 in order to participate in the auction. It is found that fully …
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