Showing 1 - 6 of 6
The objective of this paper is to measure and compare the subjective time discounting of professional athletes and non-athletes. By using a questionnaire, we found higher subjective discounting for professional athletes than for non-athletes. We also found that the professional athletes'...
Persistent link: https://www.econbiz.de/10009283776
We study a best-of-two contest with two homogeneous players (teams). The winner is the player who wins in both stages. In the case of one victory for each team, a draw determines the identity of the winner. Each team has a value of winning the contest as well as a value of winning a single game....
Persistent link: https://www.econbiz.de/10010865812
We study round-robin tournaments with one prize and four symmetric players. There are three rounds, each of which includes two sequential matches where each player plays against a different opponent in every round. Each pair-wise match is modelled as an all-pay auction. We characterize the...
Persistent link: https://www.econbiz.de/10011093690
We study a best-of-three all-pay contest with two players in which the first player to win two games wins the contest. Each player has a value of winning the contest as well as a value of winning a single game. It is assumed that a player’s value of winning a game in his home field is...
Persistent link: https://www.econbiz.de/10011139177
We study round-robin tournaments with three players whose values of winning are common knowledge. In every stage a pair-wise match is modelled as an all-pay auction. The player who wins in two matches wins the tournament. We characterize the sub-game perfect equilibrium for symmetric (all...
Persistent link: https://www.econbiz.de/10011083965
We study round-robin and elimination tournaments with three players where one player is dominant, i.e., he has a higher value of winning than his weaker opponents. In every stage, a pair-wise match is modelled as an all-pay auction. We demonstrate that the expected payoff of the weak players in...
Persistent link: https://www.econbiz.de/10011084077