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Tag "tournament theory"

Mathematical Model Helps Solve 'Organiser's Dilemma'

Mathematical Model Helps Solve 'Organiser's Dilemma'
Researchers from the HSE International Laboratory of Intangible-driven Economy have developed a model for optimising contest prizes for winners and more. The study uses eSports statistics to offer insights into the optimal reward structure for team competitions in a variety of spheres, including corporate and patent battles. The findings from this study have been published in the Journal of Economic Behavior & Organization.