We experimentally compare three mechanisms used to raise money for charities: first-price winner-pay auctions, first-price all-pay auctions, and lotteries. We stay close to the characteristics of most charity auctions by using an environment with incomplete information and independent private values. Our results support theoretical predictions by showing that the all-pay format raises substantially higher revenue than the other mechanisms
In their recent paper Goeree et al. (2005) determine that all-pay auctions are better for fundraisin...
In their recent paper Goeree et al. (2005) determine that all-pay auctions are better for fundraisin...
This paper investigates fund-raising mechanisms based on a prize as a way to overcome free riding in...
We experimentally compare three mechanisms used to raise money for charities: first-price winner-pay...
We experimentally compare three mechanisms used to raise money for charities: first-price winner-pay...
Auctions are a popular way to raise money for charities, but relatively little is known, either theo...
Recent papers show that all-pay auctions are better at raising money for charity than first-price au...
Auctions are a popular way to raise money for charities, but relatively little is known, either theo...
Recent literature has shown that all-pay auctions raise more money for charity than winner-pay aucti...
In a door-to-door fundraising field experiment, we study the impact of fundraising mechanisms on cha...
In a door-to-door fundraising field experiment, we study the impact of fundraising mechanisms on cha...
Recent literature has shown that all-pay auctions raise more money for charity than either winner-pa...
Recent papers show that all-pay auctions are better at raising money for charity than first-price au...
Research on bidding in auctions has generally relied on the assumption of self-interested bidders. T...
In a door-to-door fundraising field experiment, we study the impact of fundraising mechanisms on cha...
In their recent paper Goeree et al. (2005) determine that all-pay auctions are better for fundraisin...
In their recent paper Goeree et al. (2005) determine that all-pay auctions are better for fundraisin...
This paper investigates fund-raising mechanisms based on a prize as a way to overcome free riding in...
We experimentally compare three mechanisms used to raise money for charities: first-price winner-pay...
We experimentally compare three mechanisms used to raise money for charities: first-price winner-pay...
Auctions are a popular way to raise money for charities, but relatively little is known, either theo...
Recent papers show that all-pay auctions are better at raising money for charity than first-price au...
Auctions are a popular way to raise money for charities, but relatively little is known, either theo...
Recent literature has shown that all-pay auctions raise more money for charity than winner-pay aucti...
In a door-to-door fundraising field experiment, we study the impact of fundraising mechanisms on cha...
In a door-to-door fundraising field experiment, we study the impact of fundraising mechanisms on cha...
Recent literature has shown that all-pay auctions raise more money for charity than either winner-pa...
Recent papers show that all-pay auctions are better at raising money for charity than first-price au...
Research on bidding in auctions has generally relied on the assumption of self-interested bidders. T...
In a door-to-door fundraising field experiment, we study the impact of fundraising mechanisms on cha...
In their recent paper Goeree et al. (2005) determine that all-pay auctions are better for fundraisin...
In their recent paper Goeree et al. (2005) determine that all-pay auctions are better for fundraisin...
This paper investigates fund-raising mechanisms based on a prize as a way to overcome free riding in...