Invites you to a Microeconomics Theory seminar presented by

Vladimir Smirnov

(The University of Sydney)

Elimination Tournaments Where Players Have Fixed Resources

2 May 2023
4.00pm – 5.00pm

 Zoom: 811 8118 4419

Abstract: We consider T-round elimination tournaments where players have equal endowments instead of cost functions. We provide conditions for the existence and uniqueness of a symmetric equilibrium for a general class of elimination tournaments. We show that the winner-take-all prize scheme and the same number of competitors in each group in each round ensure equal resource allocation across all rounds.

For further information contact: Microeconomics Theory seminar series coordinators Dr Mengke Wang (mengke.wang@sydney.edu.au) & Dr Mert Kimya (mert.kimya@sydney.edu.au)

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