Professor Nejat Anbarci nejat.anbarci@durham.ac.uk
Professor
Economists have long recognized that the effect of move order on outcomes is non-negligible in sequential contests. We study tiebreak mechanisms used in team sports and known as penalty shootouts through a dynamic model. We characterize all order-independent mechanisms where two balanced teams have equal chances to win the shootout whenever they are tied after equal numbers of attempts; thus, move order has no relevance for winning chances. In most sports, such as football and hockey, teams take penalties in a fixed order, known as ABAB, while some tournaments adopted the alternating-order variant, ABBA. We find that these and all other exogenous-order mechanisms – with one exception – are order-dependent in regular rounds. Although ABBA is order independent in sudden-death rounds, ABAB is not. Our theory supports empirical studies linking ABAB to unfair outcomes and multiple equilibria in terms of winning chances of the first- vs. second-kicking teams in different football traditions.
Anbarci, N., Sun, C., & Ünver, M. (2021). Designing Practical and Fair Sequential Team Contests: The Case of Penalty Shootouts. Games and Economic Behavior, 130, 25-43. https://doi.org/10.1016/j.geb.2021.07.004
Journal Article Type | Article |
---|---|
Acceptance Date | Jul 13, 2021 |
Online Publication Date | Jul 29, 2021 |
Publication Date | 2021-11 |
Deposit Date | Sep 28, 2021 |
Publicly Available Date | Jan 29, 2023 |
Journal | Games and Economic Behavior |
Print ISSN | 0899-8256 |
Electronic ISSN | 1090-2473 |
Publisher | Elsevier |
Peer Reviewed | Peer Reviewed |
Volume | 130 |
Pages | 25-43 |
DOI | https://doi.org/10.1016/j.geb.2021.07.004 |
Public URL | https://durham-repository.worktribe.com/output/1239851 |
Accepted Journal Article
(653 Kb)
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Publisher Licence URL
http://creativecommons.org/licenses/by-nc-nd/4.0/
Copyright Statement
© 2021 This manuscript version is made available under the CC-BY-NC-ND 4.0 license http://creativecommons.org/licenses/by-nc-nd/4.0/
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