Category
page 1All-pay auction
dollar auction
non-zero sum sequential game about auctioning a $1 bill with the rule that the 2nd-highest bidder also loses the bid amount; a paradox in which players make an ultimately irrational decision based on apparently rational choices
bidding fee auction
type of all-pay auction in which all participants must pay a non-refundable fee to place each small incremental bid
all-pay auction
auction where every bidder pays regardless of whether they win the prize