Effort comparisons for a class of four-player tournaments

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buir.contributor.authorDeren, Çağlayan
buir.contributor.authorKaragözoğlu, Emin
buir.contributor.authorSağlam, Çağrı
buir.contributor.orcidDeren, Çağlayan|0000-0002-8313-2281
buir.contributor.orcidKaragözoğlu, Emin|0000-0003-2442-6949
buir.contributor.orcidSağlam, Çağrı|0000-0002-7123-9575
dc.citation.epage137en_US
dc.citation.issueNumber1en_US
dc.citation.spage119en_US
dc.citation.volumeNumber59en_US
dc.contributor.authorDeren, Çağlayan
dc.contributor.authorKaragözoğlu, Emin
dc.contributor.authorÇağrı, Sağlam
dc.contributor.authorKeskin, Kerim
dc.date.accessioned2023-02-16T13:32:31Z
dc.date.available2023-02-16T13:32:31Z
dc.date.issued2022-06-26
dc.departmentDepartment of Economicsen_US
dc.description.abstractWe propose a novel tournament design that incorporates some properties of a round-robin tournament, a Swiss tournament, and a race. The new design includes an all-play-all structure with endogenous scheduling and a winning threshold. Considering a standard round-robin tournament as a baseline model, we first characterize the equilibrium strategies in round-robin tournaments with exogenous and endogenous schedules. Afterward, following an equilibrium analysis of the new tournament design, we compare thirty-six tournament structures inherent in our model with round-robin tournaments on the basis of expected equilibrium effort per battle. We show that a round-robin tournament with an endogenous schedule outperforms all the other tournament structures considered here. We further note that if expected total equilibrium effort is used as a comparison criterion instead, then the new tournament design has a potential to improve upon round-robin tournaments.en_US
dc.description.provenanceSubmitted by Aleyna Demirkıran (demirkiranaleyna99@gmail.com) on 2023-02-16T13:32:31Z No. of bitstreams: 1 Efort_comparisons_for_a_class_of_four_player_tournaments.pdf: 879130 bytes, checksum: a6d480950ec9913a77ac465038496a48 (MD5)en
dc.description.provenanceMade available in DSpace on 2023-02-16T13:32:31Z (GMT). No. of bitstreams: 1 Efort_comparisons_for_a_class_of_four_player_tournaments.pdf: 879130 bytes, checksum: a6d480950ec9913a77ac465038496a48 (MD5) Previous issue date: 2022-06-26en
dc.identifier.doi10.1007/s00355-021-01381-4en_US
dc.identifier.issn01761714
dc.identifier.urihttp://hdl.handle.net/11693/111468
dc.language.isoEnglishen_US
dc.publisherSpringer Natureen_US
dc.relation.isversionofhttps://www.doi.org/10.1007/s00355-021-01381-4en_US
dc.source.titleSocial Choice and Welfareen_US
dc.titleEffort comparisons for a class of four-player tournamentsen_US
dc.typeArticleen_US

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