Please use this identifier to cite or link to this item:
|Title:||A note on modelling tournaments|
|Citation:||Koh, W.T.H. (1992). A note on modelling tournaments. Journal of Economics Zeitschrift für Nationalökonomie 55 (3) : 297-308. ScholarBank@NUS Repository. https://doi.org/10.1007/BF01227662|
|Abstract:||Existing studies on tournaments utilize different specifications of the production function. Comparison of these results is difficult. This paper shows that the strategic behavior of agents in a tournament can be analyzed more generally using a specification of the production function along the lines of the standard agency model. I also show that in mixed contests, the more able contestant would in equilibrium have a higher probability of winning the contest despite attempts to use effort to compensate for ability by the less able contestant (Proposition 3). © 1992 Springer-Verlag.|
|Source Title:||Journal of Economics Zeitschrift für Nationalökonomie|
|Appears in Collections:||Staff Publications|
Show full item record
Files in This Item:
There are no files associated with this item.
checked on Aug 14, 2018
WEB OF SCIENCETM
checked on Jul 23, 2018
checked on Jul 27, 2018
Items in DSpace are protected by copyright, with all rights reserved, unless otherwise indicated.