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 | American English |
|---|---|
| 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
All Science Journal Classification (ASJC) codes
- Sociology and Political Science
- General Social Sciences
- General Psychology
- Statistics, Probability and Uncertainty
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