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All-pay-all aspects of political decision making

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  • Thomas Giebe
  • Paul Schweinzer

Abstract

Decision-making processes are studied using non-standard all-pay structures. Our interest is motivated by regulatory, political, legal, military, and economic applications in which individual actions determine the consequences for a larger group or the general public. The common features of these examples are a competitive environment, a winner-takes-all reward structure, and some form of all-pay-all payment rule. Copyright Springer Science+Business Media New York 2014

Suggested Citation

  • Thomas Giebe & Paul Schweinzer, 2014. "All-pay-all aspects of political decision making," Public Choice, Springer, vol. 161(1), pages 73-90, October.
  • Handle: RePEc:kap:pubcho:v:161:y:2014:i:1:p:73-90
    DOI: 10.1007/s11127-013-0127-1
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    More about this item

    Keywords

    Auctions; Contests; Regulation; Conflict; C7; D7; L5;
    All these keywords.

    JEL classification:

    • C70 - Mathematical and Quantitative Methods - - Game Theory and Bargaining Theory - - - General
    • D70 - Microeconomics - - Analysis of Collective Decision-Making - - - General
    • L50 - Industrial Organization - - Regulation and Industrial Policy - - - General

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