Selection in tournaments: the case of chess players:
Gespeichert in:
Beteiligte Personen: | , |
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Format: | Elektronisch E-Book |
Sprache: | Englisch |
Veröffentlicht: |
[München]
Center for Economic Studies & Ifo Institute
January 2015
|
Schriftenreihe: | CESifo working paper
no. 5160 : Category 11: Industrial organisation |
Links: | https://www.cesifo.org/DocDL/cesifo1_wp5160.pdf |
Umfang: | 1 Online-Ressource (40 Seiten) Diagramme |
Internformat
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100 | 1 | |a Linnemer, Laurent |e Verfasser |0 (DE-588)124076572 |4 aut | |
245 | 1 | 0 | |a Selection in tournaments: the case of chess players |c Laurent Linnemer, Michael Visser |
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490 | 1 | |a CESifo working paper |v no. 5160 |a Category 11: Industrial organisation | |
520 | 1 | |a We consider a simple tournament model in which individuals auto-select into the contest on the basis of their commonly known strength levels, and privately observed strength-shocks (reflecting temporary deviations from observed levels). The model predicts that the participation rate should increase with the player’s observed strength, and the total awarded prize amount. Furthermore, under certain conditions self-selection implies that participants with high observed strength levels have smaller expected strength-shocks than those with low levels. Consequently, the latter should play better than predicted and the former worse (given their observed strength). These predictions are confronted with data from a large chess tournament held in the USA. This tournament is divided into different sections, with players being able to play in the section to which their current chess rating (observed strength) belongs. As predicted, we find that within each section the participation probability increases with chess rating and prize amounts, and players with a relatively low (resp. high) rating are indeed the ones who have a better (resp. worse) relative performance. | |
700 | 1 | |a Visser, Michael S. |d 1976- |e Verfasser |0 (DE-588)13241953X |4 aut | |
830 | 0 | |a CESifo working paper |v no. 5160 : Category 11: Industrial organisation |w (DE-604)BV014083264 |9 5160 | |
856 | 4 | 0 | |u https://www.cesifo.org/DocDL/cesifo1_wp5160.pdf |x Verlag |z kostenfrei |3 Volltext |
912 | |a ebook | ||
943 | 1 | |a oai:aleph.bib-bvb.de:BVB01-029063082 |
Datensatz im Suchindex
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author | Linnemer, Laurent Visser, Michael S. 1976- |
author_GND | (DE-588)124076572 (DE-588)13241953X |
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format | Electronic eBook |
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illustrated | Not Illustrated |
indexdate | 2024-12-20T17:41:33Z |
institution | BVB |
language | English |
oai_aleph_id | oai:aleph.bib-bvb.de:BVB01-029063082 |
oclc_num | 953093697 |
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owner | DE-521 |
owner_facet | DE-521 |
physical | 1 Online-Ressource (40 Seiten) Diagramme |
psigel | ebook |
publishDate | 2015 |
publishDateSearch | 2015 |
publishDateSort | 2015 |
publisher | Center for Economic Studies & Ifo Institute |
record_format | marc |
series | CESifo working paper |
series2 | CESifo working paper Category 11: Industrial organisation |
spelling | Linnemer, Laurent Verfasser (DE-588)124076572 aut Selection in tournaments: the case of chess players Laurent Linnemer, Michael Visser [München] Center for Economic Studies & Ifo Institute January 2015 1 Online-Ressource (40 Seiten) Diagramme txt rdacontent c rdamedia cr rdacarrier CESifo working paper no. 5160 Category 11: Industrial organisation We consider a simple tournament model in which individuals auto-select into the contest on the basis of their commonly known strength levels, and privately observed strength-shocks (reflecting temporary deviations from observed levels). The model predicts that the participation rate should increase with the player’s observed strength, and the total awarded prize amount. Furthermore, under certain conditions self-selection implies that participants with high observed strength levels have smaller expected strength-shocks than those with low levels. Consequently, the latter should play better than predicted and the former worse (given their observed strength). These predictions are confronted with data from a large chess tournament held in the USA. This tournament is divided into different sections, with players being able to play in the section to which their current chess rating (observed strength) belongs. As predicted, we find that within each section the participation probability increases with chess rating and prize amounts, and players with a relatively low (resp. high) rating are indeed the ones who have a better (resp. worse) relative performance. Visser, Michael S. 1976- Verfasser (DE-588)13241953X aut CESifo working paper no. 5160 : Category 11: Industrial organisation (DE-604)BV014083264 5160 https://www.cesifo.org/DocDL/cesifo1_wp5160.pdf Verlag kostenfrei Volltext |
spellingShingle | Linnemer, Laurent Visser, Michael S. 1976- Selection in tournaments: the case of chess players CESifo working paper |
title | Selection in tournaments: the case of chess players |
title_auth | Selection in tournaments: the case of chess players |
title_exact_search | Selection in tournaments: the case of chess players |
title_full | Selection in tournaments: the case of chess players Laurent Linnemer, Michael Visser |
title_fullStr | Selection in tournaments: the case of chess players Laurent Linnemer, Michael Visser |
title_full_unstemmed | Selection in tournaments: the case of chess players Laurent Linnemer, Michael Visser |
title_short | Selection in tournaments: the case of chess players |
title_sort | selection in tournaments the case of chess players |
url | https://www.cesifo.org/DocDL/cesifo1_wp5160.pdf |
volume_link | (DE-604)BV014083264 |
work_keys_str_mv | AT linnemerlaurent selectionintournamentsthecaseofchessplayers AT vissermichaels selectionintournamentsthecaseofchessplayers |