2017 Fiscal Year Final Research Report
| Project/Area Number |
15K13006
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| Research Category |
Grant-in-Aid for Challenging Exploratory Research
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| Allocation Type | Multi-year Fund |
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| Research Field |
Economic theory
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| Research Institution | Osaka University |
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Principal Investigator |
Aoyagi Masaki 大阪大学, 社会経済研究所, 教授 (50314430)
|
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| Project Period (FY) |
2015-04-01 – 2018-03-31
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| Keywords | 競争 / ハンディキャップ / トーナメント |
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| Outline of Final Research Achievements |
This project studies the role of handicaps in economic competition such as rank-order tournaments where the winner is determined by the relative performance level of each competitor. Specifically, the project has looked at the optimal design of handicaps by a tournament organizer who wants to have the agent with the highest ability win, and the effect of handicapping by an outsider who wants to jump on a band wagon through the provision of pecuniary and other support to a competitor.
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| Free Research Field |
理論経済学
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