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Accuracy in contests: players’ perspective

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  • Mustafa Yildirim

Abstract

We propose a political theory for the slow adoption of technology in sports and other contests. We investigate players’ preferences for new technology that improves contest accuracy. Modeling accuracy as the elasticity of “production” in a standard Tullock contest, we show that players may dislike accuracy if heterogeneity among them is: (1) sufficiently low; (2) moderate when the initial accuracy is low; or (3) high when the initial accuracy is high. We apply our results to the recent adoption of goal-line technology by major European soccer leagues. Copyright Springer-Verlag Berlin Heidelberg 2015

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  • Mustafa Yildirim, 2015. "Accuracy in contests: players’ perspective," Review of Economic Design, Springer;Society for Economic Design, vol. 19(1), pages 67-90, March.
    • Handle: RePEc:spr:reecde:v:19:y:2015:i:1:p:67-90
    DOI: 10.1007/s10058-015-0166-9
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    Cited by:

    1. Ewerhart, Christian, 2017. "Revenue ranking of optimally biased contests: The case of two players," Economics Letters, Elsevier, vol. 157(C), pages 167-170.
    2. Bruckner, Dominik & Sahm, Marco, 2023. "Party Politics: A Contest Perspective," VfS Annual Conference 2023 (Regensburg): Growth and the "sociale Frage" 277714, Verein für Socialpolitik / German Economic Association.
    3. Daniel Rehsmann & Béatrice Roussillon & Paul Schweinzer, 2023. "Contesting Fake News," CESifo Working Paper Series 10632, CESifo.

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    More about this item

    Keywords

    Contests; Accuracy; Favorite; Underdog; Goal-line technology; C72; D72;
    All these keywords.

    JEL classification:

    • C72 - Mathematical and Quantitative Methods - - Game Theory and Bargaining Theory - - - Noncooperative Games
    • D44 - Microeconomics - - Market Structure, Pricing, and Design - - - Auctions
    • D72 - Microeconomics - - Analysis of Collective Decision-Making - - - Political Processes: Rent-seeking, Lobbying, Elections, Legislatures, and Voting Behavior

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