 Winner's effort in multi-battle team contestsStefano Barbieri and Marco Serena Games and Economic Behavior, 2024, vol. 145, issue C, 526-556 Abstract: In multi-battle team contests with pairwise battles, how battles are organized—sequentially or (partially) simultaneously—may affect the expected winner's total effort (WE), a natural objective in R&D races, elections, and sports. We focus on noise (modeled via the contest success function's discriminatory power) and across-team heterogeneity, abstracting from player-specific heterogeneity. With sufficient noise, we show that: (1) If teams are symmetric, all temporal structures yield the same WE; and (2) If teams are asymmetric, WE is maximized by a fully simultaneous contest and minimized by a fully sequential one. With no noise, we show that: (3) If teams are symmetric, WE is maximized by a fully sequential contest and minimized by a fully simultaneous one; and (4) If teams are asymmetric, neither the fully sequential nor the fully simultaneous temporal structures maximize or minimize WE. Our results use a novel technique that simplifies temporal structure comparisons: extractions and mergers. Keywords: Team contest; Winner's effort; Temporal structures; Team-asymmetry effect; Stochastic-effort effect (search for similar items in EconPapers) Downloads: (external link) Related works: Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text Persistent link: https://EconPapers.repec.org/RePEc:eee:gamebe:v:145:y:2024:i:c:p:526-556 DOI: 10.1016/j.geb.2024.04.006 Access Statistics for this article Games and Economic Behavior is currently edited by E. Kalai More articles in Games and Economic Behavior from Elsevier |
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