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SubGame, set and match. Identifying Incentive Response in a Tournament

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Abstract

Data from Association de Tennis Professionel (ATP) championship tennis tournament finals are used to test for strategic behavior of players and their responses to incentives. Tennis provides a rich environment for the study of incentive response because of the individual nature of the sport, and the clearly defined tournament structure. The parameters of a sequential game model are estimated and, controlling for measured ability differences, the existence of strategic decision making where players’ efforts vary depending on the state of the match is tested against the alternative that players do not alter their effort in response to incentives.

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File URL: http://www.hec.ca/iea/cahiers/2004/iea0402_ale.pdf
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Bibliographic Info

Paper provided by HEC Montréal, Institut d'économie appliquée in its series Cahiers de recherche with number 04-02.

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Length: 40 pages
Date of creation: Sep 2003
Date of revision:
Handle: RePEc:iea:carech:0402

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Postal: Institut d'économie appliquée HEC Montréal 3000, Chemin de la Côte-Sainte-Catherine Montréal, Québec H3T 2A7
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Postal: Institut d'économie appliquée HEC Montréal 3000, Chemin de la Côte-Sainte-Catherine Montréal, Québec H3T 2A7
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Related research

Keywords: Tournaments; Sequential games; Incentive Response Nash Equilibrium.;

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  1. Martin J. Osborne & Ariel Rubinstein, 1994. "A Course in Game Theory," MIT Press Books, The MIT Press, edition 1, volume 1, number 0262650401, December.
  2. Lazear, Edward P & Rosen, Sherwin, 1981. "Rank-Order Tournaments as Optimum Labor Contracts," Journal of Political Economy, University of Chicago Press, vol. 89(5), pages 841-64, October.
  3. Christopher Ferrall & Anthony A. Smith, 1999. "A Sequential Game Model Of Sports Championship Series: Theory And Estimation," The Review of Economics and Statistics, MIT Press, vol. 81(4), pages 704-719, November.
  4. Bull, Clive & Schotter, Andrew & Weigelt, Keith, 1987. "Tournaments and Piece Rates: An Experimental Study," Journal of Political Economy, University of Chicago Press, vol. 95(1), pages 1-33, February.
  5. Boulier, Bryan L. & Stekler, H. O., 1999. "Are sports seedings good predictors?: an evaluation," International Journal of Forecasting, Elsevier, vol. 15(1), pages 83-91, February.
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Cited by:
  1. Konrad, Kai A., 2007. "Strategy in contests: an introduction," Discussion Papers, Research Unit: Market Processes and Governance SP II 2007-01, Social Science Research Center Berlin (WZB).

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