Auctioning risk: The all-pay auction under mean-variance preferences
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- Bettina Klose & Paul Schweinzer, 2012. "Auctioning risk: The all-pay auction under mean-variance preferences," Discussion Papers 12/32, Department of Economics, University of York.
References listed on IDEAS
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- Einav Hart & Judith Avrahami & Yaakov Kareev, 2016. "Enlarging the market yet decreasing the profit: An experimental study of competitive behavior when investment affects the prize," Judgment and Decision Making, Society for Judgment and Decision Making, vol. 11(4), pages 380-390, July.
- repec:eee:eecrev:v:95:y:2017:i:c:p:23-37 is not listed on IDEAS
More about this item
KeywordsAll-pay auctions; contests; incomplete information; private values; risk-aversion; mean-variance preferences;
- C7 - Mathematical and Quantitative Methods - - Game Theory and Bargaining Theory
- D7 - Microeconomics - - Analysis of Collective Decision-Making
- D81 - Microeconomics - - Information, Knowledge, and Uncertainty - - - Criteria for Decision-Making under Risk and Uncertainty
- L1 - Industrial Organization - - Market Structure, Firm Strategy, and Market Performance
NEP fieldsThis paper has been announced in the following NEP Reports:
- NEP-ALL-2012-12-06 (All new papers)
- NEP-EXP-2012-12-06 (Experimental Economics)
- NEP-GTH-2012-12-06 (Game Theory)
- NEP-UPT-2012-12-06 (Utility Models & Prospect Theory)
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