dc.contributor | FGV | |
dc.creator | Araújo, Aloísio Pessoa de | |
dc.creator | Castro, Luciano Irineu de | |
dc.creator | Moreira, Humberto Ataíde | |
dc.date.accessioned | 2018-05-10T13:35:40Z | |
dc.date.accessioned | 2019-05-22T14:00:41Z | |
dc.date.available | 2018-05-10T13:35:40Z | |
dc.date.available | 2019-05-22T14:00:41Z | |
dc.date.created | 2018-05-10T13:35:40Z | |
dc.date.issued | 2008-06 | |
dc.identifier | 0167-4544 / 1573-0697 | |
dc.identifier | http://hdl.handle.net/10438/23093 | |
dc.identifier | 10.1007/s00199-007-0249-0 | |
dc.identifier | 000254087700001 | |
dc.identifier | Mat, Inct/K-2187-2013 | |
dc.identifier.uri | http://repositorioslatinoamericanos.uchile.cl/handle/2250/2689071 | |
dc.description.abstract | Discontinuous games, such as auctions, may require special tie-breaking rules to guarantee equilibrium existence. The best results available ensure equilibrium existence only in mixed strategy with endogenously defined tie-breaking rules and communication of private information. We show that an all-pay auction tie-breaking rule is sufficient for the existence of pure strategy equilibrium in a class of auctions. The rule is explicitly defined and does not require communication of private information. We also characterize when special tie-breaking rules are really needed. | |
dc.language | eng | |
dc.publisher | Springer | |
dc.relation | Economic theory | |
dc.rights | restrictedAccess | |
dc.source | Web of Science | |
dc.subject | Auctions | |
dc.subject | Pure strategy equilibria | |
dc.subject | Non-monotonic bidding functions | |
dc.subject | Tie-breaking rules | |
dc.subject | Necessary and sufficient conditions for equilibrium | |
dc.subject | Multidimensional types | |
dc.subject | Discontinuous games | |
dc.subject | Equilibrium | |
dc.title | Non-monotoniticies and the all-pay auction tie-breaking rule | |
dc.type | Article (Journal/Review) | |