Elimination tournaments with resource constraints

Nicolas de Roos, Alexander Matros and Vladimir Smirnov

No 2024-06, Working Papers from University of Sydney, School of Economics

Abstract: We consider T -round elimination tournaments where players have fixed and equal endowments. We establish conditions for the existence and uniqueness of a symmetric equilibrium for a general class of elimination tournaments. We provide examples illustrating the existence of multiple equilibria. Additionally, we show how equilibrium depends on the prizes scheme, and demonstrate that the winner-take-all prize scheme ensures equal resource allocation across all rounds.

Keywords: Elimination tournaments; Fixed resources. (search for similar items in EconPapers)
Date: 2024-04
New Economics Papers: this item is included in nep-inv and nep-spo
References: View references in EconPapers View complete reference list from CitEc
Citations:

Downloads: (external link)
http://econ-wpseries.com/2024/202406.pdf
Our link check indicates that this URL is bad, the error code is: 500 Can't connect to econ-wpseries.com:80 (No such host is known. )

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:syd:wpaper:2024-06

Access Statistics for this paper

More papers in Working Papers from University of Sydney, School of Economics Contact information at EDIRC.
Bibliographic data for series maintained by Vanessa Holcombe ().