Abstract
We study round-robin tournaments with four symmetric players and two identical prizes where players compete against each other in games modeled as an all-pay contest. We demonstrate that in this common structure players may have an incentive to manipulate the results, namely, depending on the outcomes of the first round, a player may have an incentive to lose in the second round in order to maximize his expected payoff in the tournament.
Original language | English |
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Pages (from-to) | 50-57 |
Number of pages | 8 |
Journal | Mathematical Social Sciences |
Volume | 122 |
DOIs | |
State | Published - 1 Mar 2023 |
Keywords
- All-pay auctions
- Multi-stage contests
- Round-robin tournaments
ASJC Scopus subject areas
- Sociology and Political Science
- General Social Sciences
- General Psychology
- Statistics, Probability and Uncertainty