Dario Sacco

University of Zurich

Rämistrasse 71

Zürich, CH-8006

Switzerland

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All-Pay Auctions with Negative Prize Externalities: Theory and Experimental Evidence

Number of pages: 32 Posted: 28 Oct 2008
Dario Sacco and Armin Schmutzler
University of Zurich and University of Zurich - Department of Economics
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Abstract:

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Keywords: All-pay auctions, oligopoly, investment, experiment, overbidding