On asymmetry in all-pay auctions

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1 Citation (Scopus)


This paper examines the role of asymmetry in all-pay auctions. In particular, this paper decomposes a change in players’ valuations into the absolute change and the relative change, and analyzes how these changes affect total expenditures. An increase in the sum of players’ valuations increases total expenditures but an increase in asymmetry among players’ valuations tends to decrease total expenditures under both complete and incomplete information. This paper also studies the optimal all-pay auction design problem.

Original languageEnglish
Pages (from-to)67-83
Number of pages17
JournalJournal of Economic Theory and Econometrics
Issue number1
Publication statusPublished - 2017 Mar

Bibliographical note

Funding Information:
This work was supported by a Korea University Grant (K1613421).

Publisher Copyright:
© 2017, Korean Econometric Society. All rights reserved.


  • All-pay auctions
  • Asymmetry
  • Deterministic contests

ASJC Scopus subject areas

  • Economics and Econometrics


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