G2TT
来源类型Discussion paper
规范类型论文
来源IDDP8021
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
URLhttps://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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