Working Paper

All-pay-all Aspects of Political Decision Making

Thomas Giebe, Paul Schweinzer
CESifo, Munich, 2013

CESifo Working Paper No. 4330

We study decision making processes with non-standard all-pay structures. We motivate this interest through a group of regulatory, political, legal, military, and economic applications where individual actions determine the consequences for a larger group or the public. The common features of these examples are a competitive environment, winner-take-all reward structure, and some form of all-pay-all payment rule.

CESifo Category
Public Choice
Industrial Organisation
Keywords: auctions, contests, regulation, conflict
JEL Classification: C700, D700, L500