All-Pay Auction
Everyone pays their bid whether they win or lose. A higher bid improves your chance of winning but may leave you worse off even if you lose.
- 61% chose: Bid aggressively. (332 people)
- 39% chose: Bid conservatively. (211 people)
543 decisions from real people on Resonant. Figures refresh every night at midnight (UTC).
Articles on Classical Game Theory · All articles · Resonant · Human Decision Intelligence