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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
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/10010343975
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This paper tests two hypotheses from the theory of elimination tournaments: (i) that uneven tournaments, where the contestants are ex ante heterogeneous, entail lower effort exertion; this is a prediction from agency theory that has not been tested empirically before; and (ii) whether incentives...
Persistent link: https://www.econbiz.de/10010261647
We conduct a natural field experiment in a large retail chain to test basic predictions of tournament theory regarding prize spread and noise. A random subset of the 208 stores participates in two-stage elimination tournaments. Tournaments differ in the distribution of prize money across winners...
Persistent link: https://www.econbiz.de/10010282278
We conduct a field experiment in a large retail chain to test basic predictions of tournament theory regarding prize spread and noise. A random subset of the 208 stores participates in two-stage elimination tournaments. Tournaments differ in the distribution of prize money across winners of the...
Persistent link: https://www.econbiz.de/10010326149
Persistent link: https://www.econbiz.de/10011283975
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