Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/79643 
Year of Publication: 
2013
Series/Report no.: 
CESifo Working Paper No. 4330
Publisher: 
Center for Economic Studies and ifo Institute (CESifo), Munich
Abstract: 
We study decision making processes with non-standard all-pay structures. We motivate this interest through a group of regulatory, political, legal, military, and economic applications where individual actions determine the consequences for a larger group or the public. The common features of these examples are a competitive environment, winner-take-all reward structure, and some form of all-pay-all payment rule.
Subjects: 
auctions
contests
regulation
conflict
JEL: 
C70
D70
L50
Document Type: 
Working Paper
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