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Accuracy in Contests: Players' Perspective

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  • YILDIRIM, Mustafa

    (Dept. of Economic Statistics, Stockholm School of Economics)

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 be against higher accuracy if heterogeneity among them is:(1) sufficiently low; (2) moderate but the initial accuracy is low; or (3) high but the initial accuracy is high. We apply our results to the recent adoption of goal-line technology by major European soccer leagues.

Suggested Citation

  • YILDIRIM, Mustafa, 2013. "Accuracy in Contests: Players' Perspective," SSE/EFI Working Paper Series in Economics and Finance 746, Stockholm School of Economics, revised 24 Sep 2013.
    • Handle: RePEc:hhs:hastef:0746
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    References listed on IDEAS

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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

    contest accuracy; politics; slow technology adoption; goal-line technology;
    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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