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Elimination tournaments with resource constraints

Author

Listed:
  • Nicolas de Roos
  • Alexander Matros
  • Vladimir Smirnov
Abstract
We consider T -round elimination tournaments where players have fixed and equal endowments. We establish conditions for the existence and uniqueness of a symmetric equilibrium for a general class of elimination tournaments. We provide examples illustrating the existence of multiple equilibria. Additionally, we show how equilibrium depends on the prizes scheme, and demonstrate that the winner-take-all prize scheme ensures equal resource allocation across all rounds.

Suggested Citation

  • Nicolas de Roos & Alexander Matros & Vladimir Smirnov, 2024. "Elimination tournaments with resource constraints," Working Papers 2024-06, University of Sydney, School of Economics.
    • Handle: RePEc:syd:wpaper:2024-06
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    References listed on IDEAS

    as
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    Keywords

    Elimination tournaments; Fixed resources.;

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