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competitors according to their ranks. For tournaments with four players we find optimal seedings with respect to three different … ranked teams; 3) maximization of the win probability for the top player. In addition, we find the seedings ensuring that …
Persistent link: https://www.econbiz.de/10010333743
This paper considers incentives for information acquisition ahead of conflicts. First, we characterize the (unique) equilibrium of the all-pay auction between two players with one-sided asymmetric information where one player has private information about his valuation. Then, we use ou rresults...
Persistent link: https://www.econbiz.de/10010334005