Arbeitspapier
Are Sequential Round-Robin Tournaments Discriminatory?
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 their matches in the sequence of the tournament, the differences in players’ ex-ante winning probabilities and expected payoffs will be small (large). The differing results originate from the higher discriminating power of the all-pay auction. Moreover, the resulting discouragement effect in tournaments with all-pay auctions implies lower aggregate effort than in tournaments with suitable Tullock contests. The fairness of round-robin tournaments may be improved by the use of an endogenous sequence of matches or the requirement that players fix their effort ex-ante.
- Language
-
Englisch
- Bibliographic citation
-
Series: CESifo Working Paper ; No. 6421
- Classification
-
Wirtschaft
Noncooperative Games
Political Processes: Rent-seeking, Lobbying, Elections, Legislatures, and Voting Behavior
Sports Economics: General
- Subject
-
sequential round-robin tournament
contest success function
discriminatory power
Tullock contest
all-pay auction
- Event
-
Geistige Schöpfung
- (who)
-
Sahm, Marco
- Event
-
Veröffentlichung
- (who)
-
Center for Economic Studies and ifo Institute (CESifo)
- (where)
-
Munich
- (when)
-
2017
- Handle
- Last update
-
10.03.2025, 11:42 AM CET
Data provider
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. If you have any questions about the object, please contact the data provider.
Object type
- Arbeitspapier
Associated
- Sahm, Marco
- Center for Economic Studies and ifo Institute (CESifo)
Time of origin
- 2017