Prize and Incentives in Double-Elimination Tournaments


I examine a game-theoretical model of two variants of double- elimination tournaments, and derive the equilibrium behavior of symmetric players and the optimal prize allocation assuming a designer aims to maximize total effort. I compare these theoretical properties to the well-known single-elimination tournament.

Economics Letters, Volume 147, October 2016, Pages 116-120
Lingbo Huang
Lingbo Huang
Professor of Economics