Too Burdensome to Bid: Transaction Costs and Pay‐For‐Performance Conservation
In: American Journal of Agricultural Economics, Band 98, Heft 5, S. 1314-1333
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In: American Journal of Agricultural Economics, Band 98, Heft 5, S. 1314-1333
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In: Mathematical Social Sciences, Forthcoming
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Working paper
In: Georgia Tech Scheller College of Business Research Paper No. 3837049
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In: CEPR Discussion Paper No. DP16504
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We study all-pay auctions with budget-constrained bidders who have access to fair insurance before bidding simultaneously over a prize. We characterize a unique equilibrium for the special cases of two bidders and one prize, show existence and a heuristic for finding an equilibrium in the case of multiple bidders and multiple prizes. We end with an example of non-uniqueness of equilibria for the general case of multiple prizes and multiple players.
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Blog: Social Europe
To really end labour shortages, Ankita Anand writes, Europe must transform its contract with the global south.
In: Research in economics: Ricerche economiche, Band 70, Heft 3, S. 446-453
ISSN: 1090-9451
In: Public choice, Band 112, Heft 3, S. 351-372
ISSN: 0048-5829
Blog: PolitiFact - Rulings and Stories
"Biden wants to immediately stop all aid to Israel."
In: CESifo Working Paper Series No. 3976
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In: IZA Discussion Paper No. 4713
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In: IZA Discussion Paper No. 7032
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In: IZA world of labor: evidence-based policy making