October 25th, 2018
12:00
Room 207
*Department of Economics and Finance*
LUISS
Viale Romania 32
00196 Roma
*Speaker:* Bernhard von Stengel / London School of Economics
*Title: * *“Equilibria in the challenge tournament”*
*Abstract:*
*“Arad and Rubinstein (2013) describe a challenge tournament where n players have a binary choice and play a round-robin tournament where they score against each other randomly for a stake that depends on their choices. The player with the highest total score wins, with ties resolved randomly. They conjecture that for n > 3 the only equilibrium is that all players take the riskier choice. We present work in progress on an elementary proof of this conjecture which is based on a simple dominance argument.”*
The calendar of the future seminars can be found at http://economiaefinanza.luiss.it/en/seminari/prossimi-seminari
******************************************************* Marco Scarsini Dipartimento di Economia e Finanza LUISS Viale Romania 32 00197 Roma, ITALY
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Marco Scarsini