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Optimal all-pay auction when signals are correlated

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  • KLINGER MONTEIRO, Paulo

    (Center for Operations Research and Econometrics (CORE), Université catholique de Louvain (UCL), Louvain la Neuve, Belgium and IMPA, Rio de Janeiro, Brazil)

Abstract

In this note I prove the existence of the optimal-pay auction when signals are correlated.

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Bibliographic Info

Paper provided by Université catholique de Louvain, Center for Operations Research and Econometrics (CORE) in its series CORE Discussion Papers with number 1997042.

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Date of creation: 01 Jun 1997
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Handle: RePEc:cor:louvco:1997042

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