On the Efficiency of All-Pay Mechanisms

Christodoulou, G; Sgouritsa, A; Tang, B

Tang, B (reprint author), Univ Oxford, Dept Comp Sci, Oxford, England.

ALGORITHMICA, 2018; 80 (4): 1115

Abstract

We study the inefficiency of mixed Nash equilibria, expressed as the price of anarchy, of all-pay auctions in three different environments: combinator......

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