Exclusion in all-pay auctions
Abstract: A description of a procedure for increasing the seller's expected revenue in an all-pay auction, specifically in the case of lobbying, where a politician is typically assumed to award the political prize to the highest bidder.
Keywords: Political science;
File format is application/pdf
Description: Full text
Provider: Federal Reserve Bank of Cleveland
Part of Series: Working Papers (Old Series)
Publication Date: 1994