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All-pay-all aspects of political decision making

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JournalPublic Choice
DateE-pub ahead of print - 11 Oct 2013
DatePublished (current) - Oct 2014
Issue number1
Volume161
Number of pages18
Pages (from-to)73-90
Early online date11/10/13
Original languageEnglish

Abstract

Decision-making processes are studied using non-standard all-pay structures. Our interest is motivated by regulatory, political, legal, military, and economic applications in which individual actions determine the consequences for a larger group or the general public. The common features of these examples are a competitive environment, a winner-takes-all reward structure, and some form of all-pay-all payment rule.

    Research areas

  • Auctions, Contests, Regulation, Conflict, C7, D7, L5

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