Strategic manipulation in tournament games

成果类型:
Article
署名作者:
Vong, Allen I. K.
署名单位:
Yale University
刊物名称:
GAMES AND ECONOMIC BEHAVIOR
ISSN/ISSBN:
0899-8256
DOI:
10.1016/j.geb.2017.02.011
发表日期:
2017
页码:
562-567
关键词:
Tournament design contest design Strategic manipulation Subgame perfect implementation Incentive-compatibility
摘要:
I consider the strategic manipulation problem in multistage tournaments. In each stage, players are sorted into groups in which they play pairwise matches against each other. The match results induce a ranking over players in each group, and higher ranked players qualify to the next stage. Players prefer qualifying to higher stages. In this setting, a player may potentially profit by exerting zero effort in some matches even when effort exertion is costless. Since such behavior manipulates the tournament, it is desired that full effort exertion is an equilibrium and any equilibrium ranking of qualifying players is immune to manipulation. To this end, I show that it is both necessary and sufficient to allow only the top-ranked player to qualify from each group. Otherwise, rankings can become a noisy indicator of players' strengths, while effort cost and heterogeneous prize spread can be of little relevance to players' effort choices. (C) 2017 Elsevier Inc. All rights reserved.