The impact of a winner takes all tournament on managers' strategies and asset mispricing

DOI10.1007/S10203-023-00426-WMaRDI QIDQ6581908zbMATH OpenFDO

Authors Enrico Lupi

Publication date 1 August 2024

Published in Decisions in Economics and Finance (Search for Journal in Brave)

Full work available at URL https://doi.org/10.1007/S10203-023-00426-W

zbMATH Keywords

asset pricingmarket efficiencytournament incentivestrading behaviour

Mathematics Subject Classification ID

Applications of game theory (91A80) Portfolio theory (91G10) Interest rates, asset pricing, etc. (stochastic models) (91G30)

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Cites work

• Fund tournaments and asset bubbles
• How tournament incentives affect asset markets: a comparison between winner-take-all tournaments and elimination contests
• Modifying Variability and Correlations in Winner-Take-All Contests
• Risk Management with Benchmarking

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