American Economic Review Vol. 105 No. 7 2015

Team Contests with Multiple Pairwise Battles

Qiang Fu¹; Jingfeng Lu²; Yue Pan³

¹ Department of Strategy and Policy, National University of Singapore, 15 Kent Ridge Drive, Singapore, 119245 (e-mail: ) · ² Department of Economics, National University of Singapore, 1 Arts Link, Singapore, 117570 (e-mail: ) · ³ Department of Economics and Department of Chemical Engineering, National University of Singapore, 117570 (e-mail: )

Abstract

We consider a multi-battle team contest in which players from two rival teams form pairwise matches to fight in distinct component battles, which are carried out sequentially or (partially) simultaneously. A team wins if and only if its players win a majority of battles. Each player benefits from his team's win, while he can also receive a private reward for winning his own battle. We find that the outcomes of past battles do not distort the outcomes of future battles. Neither the total expected effort nor the overall outcome of the contest depends on the contest's temporal structure or its feedback policy.

DOI

10.1257/aer.20121469

Volume

105

Issue

7

Pages

2120-2140

Language

en

Sources

openalex crossref bibtex:phds-export.bib

Cite

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