| Article ID | Journal | Published Year | Pages | File Type |
|---|---|---|---|---|
| 5072021 | Games and Economic Behavior | 2012 | 23 Pages |
Abstract
⺠Asymmetric all-pay auction with incomplete information. ⺠Head starts, handicaps, or a combination can be used to improve revenue or welfare. ⺠The instruments are not equivalent, it pays to combine them. ⺠With large asymmetry, the weak bidder should be given a head start and a handicap. ⺠It may be possible to make both bidders better off ex ante.
Related Topics
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Economics and Econometrics
Authors
René Kirkegaard,