Players with fixed resources in Elimination Tournaments

نویسندگان

  • Alexander Matros
  • Gian Luigi Albano
  • Jonas Björnerstedt
  • Guido Friebel
  • Tatiana Damjanovic
چکیده

We consider T -round elimination tournaments where players have fixed resources instead of cost functions. We show that players always spend a higher share of their resources in early than in later rounds in a symmetric equilibrium. Equal resource allocation across T rounds takes place only in the winner-take-all case. Applications for career paths, elections, and sports are discussed.

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تاریخ انتشار 2001