Points Scoring Systems in Formula 1: A Game Theoretic Perspective

Krystsina Bakhrankova ()
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Krystsina Bakhrankova: SINTEF Technology and Society, Applied Economics

A chapter in Operations Research Proceedings 2011, 2012, pp 211-216 from Springer

Abstract: Abstract An efficient points scoring system is often vital to encouraging competition in a sport. It is also related to the viewership and spectator numbers crucial to lasting popularity and financial success. This paper analyzes the three points scoring systems of the last twenty seasons in Formula 1 (1991-2010) from a game theoretic perspective to examine their competitive impact.

Keywords: Nash Equilibrium; Competitive Balance; Compound Lottery; Competitive Impact; Game Theoretic Framework (search for similar items in EconPapers)
Date: 2012
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Persistent link: https://EconPapers.repec.org/RePEc:spr:oprchp:978-3-642-29210-1_34

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DOI: 10.1007/978-3-642-29210-1_34

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