Prize Structure and Performance: Evidence from NASCAR

The predictions that emerge from tournament theory have been tested in a number of sports-related settings. Since sporting events involving individuals (golf, tennis, running, auto racing) feature rank order tournaments with relatively large payoffs and easily observable outcomes, sports is a natura...

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Bibliographic Details
Main Authors: Brad Humphreys, Bernd Frick
Format: Article
Language:English
Published: MDPI AG 2019-10-01
Series:Economies
Subjects:
Online Access:https://www.mdpi.com/2227-7099/7/4/102