Tullock contests may be revenue superior to auctions in a symmetric setting
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References listed on IDEAS
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- Jörg Franke & Wolfgang Leininger & CÃ©dric Wasser, 2016. "Optimal Favoritism in All-Pay Auctions and Lottery Contests," CESifo Working Paper Series 6274, CESifo Group Munich.
More about this item
KeywordsCommon value; Contests; Auctions;
- D82 - Microeconomics - - Information, Knowledge, and Uncertainty - - - Asymmetric and Private Information; Mechanism Design
- D44 - Microeconomics - - Market Structure, Pricing, and Design - - - Auctions
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