Title of article :
On the profitability of reducing competition in all-pay auctions with risk averse bidders
Author/Authors :
Ilaria Cingottini، نويسنده , , Domenico Menicucci، نويسنده ,
Issue Information :
روزنامه با شماره پیاپی سال 2006
Abstract :
In an all-pay auction with risk averse bidders, the sellerʹs revenue is decreasing in the number of competitors if either the bidders are very risk averse or the distribution for the valuations attaches probability almost one to a single value
Keywords :
all-pay auctions , Risk aversion
Journal title :
Economics Letters
Journal title :
Economics Letters
