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2012•SSRN Electronic JournalOpen access

Lottery Versus All-Pay Auction Contests – A Revenue Dominance Theorem

Jörg Franke, Christian Kanzow, Alexandra Schwartz, Wolfgang Leininger

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Key concepts: Lottery, Vickrey auction, Dominance (genetics), Economics, Stochastic dominance, Revenue equivalence, Microeconomics, Revenue

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