Mapping an Information Design Game into an All-Pay Auction

Oleg Muratov

Diskussionsschriften from Universitaet Bern, Departement Volkswirtschaft

Abstract: I formally establish the existence of a mapping between a class of information design games with multiple senders and a class of all-pay auctions. I fully characterize this mapping and show how to use it to find equilibria in the information design game. The mapping allows for a straightforward comparative statics analysis of equilibria in the latter class of games. I use it to study the effect of the tie-breaking rule on the distributions of posteriors and the receiver s payoff.

Date: 2021-03
New Economics Papers: this item is included in nep-des, nep-gth and nep-mic
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