Abstract
We address the optimal allocation of stochastically dependent resource bundles to a set of simultaneous contests. For this purpose, we study a modification of the Colonel Blotto Game called the Tennis Coach Problem. We devise a thoroughly probabilistic method of payoff representation and fully characterize equilibria in this class of games. We further formalize the idea of strategic team training in a comparative static setting. The problem applies to several distinct economic interactions but seems most prevalent in team sports with individual matches, for instance, in Tennis and Sumo.
Original language | English |
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Pages (from-to) | 669-700 |
Number of pages | 32 |
Journal | Review of Economic Design |
Volume | 27 |
Issue number | 3 |
Early online date | 4 Nov 2022 |
DOIs | |
Publication status | Published - Sep 2023 |
Austrian Fields of Science 2012
- 502047 Economic theory
Keywords
- Seeding
- Conteststs
- Teams
- Latin square games
- COLONEL-BLOTTO
- NUMBER
- Contests
- CONTESTS