The Effect of Role Origin on Bidding Behavior in an Asymmetric All-Pay Auction:An Experiment

Le résumé fourni par la source

This paper reports the results of an experiment concerning whether different origins of bidder role affect bidding behavior in the two-person all-pay auction in which ties are broken in favor of one role (strong bidder) over the other (weak bidder). Two role allocation procedures are compared. In the first one, the roles are allocated at random. In the second one, the roles are allocated based on their performance in a simple real-effort task. The data provided no evidence to confirm the effect of role origin on bidding behavior in the current asymmetric all-pay auction.

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