G2TT
来源类型Discussion paper
规范类型论文
来源IDDP4939
DP4939 Marriage and the City
Coen N. Teulings; Pieter A. Gautier; Michael Svarer
发表日期2005-03-23
出版年2005
语种英语
摘要We study asymmetric all-pay auctions with multiple objects where players? values for the objects are common knowledge. The players have different values for the objects but they have the same ranking. The contest designer may award one prize including all the objects to the player with the highest bid, or, alternatively, they may allocate several prizes, each prize including one object such that the first prize is awarded to the player with the highest bid, the second prize to the player with the second-highest bid, and so on until all the objects are allocated. We analyse the distribution of effort in one-prize and multiple-prize contests and show that allocation of several prizes may be optimal for a contest designer who maximizes the total effort.
主题Industrial Organization
关键词Contests Auctions
URLhttps://cepr.org/publications/dp4939
来源智库Centre for Economic Policy Research (United Kingdom)
资源类型智库出版物
条目标识符http://119.78.100.153/handle/2XGU8XDN/533838
推荐引用方式
GB/T 7714
Coen N. Teulings,Pieter A. Gautier,Michael Svarer. DP4939 Marriage and the City. 2005.
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