We conduct a laboratory experiment to compare the fairness and intensity of round-robin tournaments with three symmetric players, a single prize, and two alternative match formats. Matches are either organized as lottery contests or all-pay auctions. Whereas we confirm the theoretical prediction...

An extension rule assigns to each fractional tournament x (specifying, for every pair of social alternatives a and b, the proportion xab of voters who prefer a to b) a random choice function y (specifying a collective choice probability distribution for each subset of alternatives), which...

Peer evaluation tournaments are common in academia, the arts, and corporate environments. They make use of the expert knowledge that academics or team members have in assessing their peers’ performance. However, rampant opportunities for cheating may throw a wrench in the process unless,...

We conduct a laboratory experiment to compare the fairness and intensity of round-robin tournaments with three symmetric players, a single prize, and two alternative match formats. Matches are either organized as lottery contests or all-pay auctions. Whereas we confirm the theoretical prediction...

Peer evaluation tournaments are common in academia, the arts, and corporate environments. They make use of the expert knowledge that academics or team members have in assessing their peers' performance. However, rampant opportunities for cheating may throw a wrench in the process unless,...

This paper provides a general study of a contest modeled as a multiplayer incomplete-information, all-pay auction with sequential entry. The contest consists of multiple periods. Players arrive and exert efforts sequentially to compete for a prize. They observe the efforts made by their earlier...

We examine the effects of endogenous sequences on the fairness in round-robin tournaments with four players, multiple prizes, and general contest technologies. A tournament is called horizontally ex-ante fair if symmetric contestants have the same expected payoffs (odds) before the tournament...