Dietl, Helmut; Franck, Egon; Grossmann, Martin; Lang, Markus - International Association of Sport Economists - IASE; … - 2009
present the traditional Tullock contest and explain some basic properties of the equilibrium. We will then extend this static … contest to a two-period model in order to analyze dynamic aspects of contests. In the second part, we will present … applications of contest theory in sports. In particular, we will show how the Tullock framework is applied to models of team sports …