In Tullock's rent-seeking model, the probability a player wins the game depends on
expenditures raised to the power R. We show that a symmetric mixed-strategy Nash …

The theoretical literature exploring various ramifications and applications of Tullock's (1980)
rent-seeking model is extensive and rapidly growing. In contrast, there exist as yet only a few …

This note provides a full characterization of the set of Nash equilibria in the two-person all-
pay auction with discrete strategy space and complete information where bidders are treated …

We study the two-player, complete information all-pay auction in which a tie ensues if neither
player outbids the other by more than a given amount. In the event of a tie, each player …

Despite the wide occurrence of ties in a variety of contest settings, the strategic interaction
that arises when ties are treated as viable outcomes has received little attention. Building on …

Using a controlled laboratory experiment, we examine individuals' bid timing decisions in
complete information all-pay auctions and find that homogeneous bidders are more likely to …

This note provides a full characterization of the set of Nash equilibria in the two-person all-
pay auction with complete information where bidders are treated differently in case of a tie …

Using two-player all-pay auctions, the author fully characterizes the Nash equilibrium under
a discrete bidding strategy space. In particular, he shows that under the random tiebreaking …

This paper experimentally investigates the effect of limits on campaign spending and
outcome in an electoral contest where two candidates, an incumbent and a challenger …

This paper analyses the Treasury's choice between a uniform-price auction and a
discriminatory auction for selling Treasury Bills from an experimental point of view. Such an …