Do Output-Dependent Prizes Alleviate the Sabotage Problem in Tournaments?
We investigate whether tournament prizes that depend on joint output (“variable prize tournaments”) can alleviate the sabotage problem which is otherwise inherent in tournament structures. In a game-theoretical model with three contestants, we compare fixed-prize tournaments with tournaments where p...
Main Authors: | , , |
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Format: | Article |
Language: | English |
Published: |
MDPI AG
2022-09-01
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Series: | Games |
Subjects: | |
Online Access: | https://www.mdpi.com/2073-4336/13/5/65 |