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来源类型 | Discussion paper |
规范类型 | 论文 |
来源ID | DP8021 |
DP8021 Round-Robin Tournaments with Effort Constraints | |
Aner Sela | |
发表日期 | 2010-09-23 |
出版年 | 2010 |
语种 | 英语 |
摘要 | We study a round-robin tournament with n symmetric players where in each of the n-1 stages each of the players competes against a different player in the Tullock contest. Each player has a limited budget of effort that decreases within the stages proportionally to the effort he exerted in the previous stages. We show that when the prize for winning (value of winning) is equal between the stages, a player's effort is weakly decreasing over the stages. We also show how the contest designer can influence the players' allocation of effort by changing the distribution of prizes between the stages. In particular, we analyze the optimal distribution of prizes over the stages that balance the effort allocation such that a player exerts the same effort over the different stages. In addition, we analyze the distribution of prizes over the stages that maximizes the players' expected total effort. |
主题 | Industrial Organization |
关键词 | Effort constraints Round-robin tournaments Tullock contests |
URL | https://cepr.org/publications/dp8021 |
来源智库 | Centre for Economic Policy Research (United Kingdom) |
资源类型 | 智库出版物 |
条目标识符 | http://119.78.100.153/handle/2XGU8XDN/536858 |
推荐引用方式 GB/T 7714 | Aner Sela. DP8021 Round-Robin Tournaments with Effort Constraints. 2010. |
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