Browsing Department of Economics by Subject "All-pay auctions, common values, affiliated signals"
Now showing items 1-1 of 1
-
All-pay auctions with affiliated values
(DP SAM;13/2017, Working paper, 2017-08)This paper analyzes all-pay auctions where the bidders have affiliated values for the object for sale and where the signals take binary values. Since signals are correlated, high signals indicate a high degree of competition ...