Article ID | Journal | Published Year | Pages | File Type |
---|---|---|---|---|
965408 | Journal of the Japanese and International Economies | 2012 | 12 Pages |
Abstract
⺠We study the effects of the levels and the structure of prizes on the efforts of agents in tournaments. ⺠We investigate the determinants of scores of golfers using data from the Japan Golf Tour. ⺠We find that the presence of a superstar adversely affects the scores of the other players. ⺠The larger the size of the total prize, the better are the scores. ⺠The larger the marginal prizes after the third round, the better the scores in the final round.
Keywords
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Social Sciences and Humanities
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Economics and Econometrics
Authors
Ryuichi Tanaka, Kazutoshi Ishino,