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We report results from the first experimental study of round-robin tournaments. In our experiment, we investigate how …
Persistent link: https://www.econbiz.de/10013167956
We conduct a laboratory experiment to compare the fairness and intensity of round-robin tournaments with three …
Persistent link: https://www.econbiz.de/10015202740
We consider contestants who must choose exactly one contest, out of several, to participate in. We show that when the contest technology is of a certain type, or when the number of contestants is large, a self-allocation equilibrium, i.e., one where no contestant would wish to change his choice...
Persistent link: https://www.econbiz.de/10011718621
We examine the fairness and intensity of sequential round-robin tournaments with multiple prizes. With three symmetric players and two prizes, the tournament is completely fair if and only if the second prize is valued half of the first prize, regardless of whether matches are organized as...
Persistent link: https://www.econbiz.de/10011735948
I examine sequential round-robin tournaments with three and four symmetric players. Each player is matched once with each other player. If the matches are organized as Tullock contests (all-pay auctions), the tournament will be almost fair (highly discriminatory): subject to the position of...
Persistent link: https://www.econbiz.de/10011638282
We propose a novel tournament design that incorporates the main properties of a round-robin tournament, a Swiss tournament, and a race. Following an equilibrium analysis, we compare 36 tournament structures inherent in our model and several well-known tournament models from the literature, on...
Persistent link: https://www.econbiz.de/10012387628
We examine the effects of endogenous sequences on the fairness in round-robin tournaments with four players, multiple prizes, and general contest technologies. A tournament is called horizontally ex-ante fair if symmetric contestants have the same expected payoffs (odds) before the tournament...
Persistent link: https://www.econbiz.de/10014551066
differences in performance in the real effort task, we observe a strong gender gap in sabotage choices in our experiment. This gap …
Persistent link: https://www.econbiz.de/10011926075
Over the last two decades social preferences have been implicated in a wide variety of key economic behaviors. Here we investigate connections between social preferences and the demand for information about others' economic decisions and outcomes, which we denote "social curiosity." Our analysis...
Persistent link: https://www.econbiz.de/10011872929
these in a controlled laboratory experiment. …
Persistent link: https://www.econbiz.de/10015326236