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All-pay auctions with risk-averse players

โœ Scribed by Gadi Fibich; Arieh Gavious; Aner Sela

Publisher
Springer-Verlag
Year
2006
Tongue
English
Weight
205 KB
Volume
34
Category
Article
ISSN
0020-7276

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We investigate the effects of various design features of allpay auction crowdsourcing sites by conducting a field experiment on Taskcn, one of the largest crowdsourcing sites in China where all-pay auction mechanisms are used. Specifically, we study the effects of price, reserve price in the form of