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Approximately Strategyproof Tournament Rules with Multiple Prizes

Author(s): Dale, Emily; Fielding, Jessica; Ramakrishnan, Hari; Sathyanarayanan, Sacheth; Weinberg, S. Matthew

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Abstract: We consider the manipulability of tournament rules which take the results of (n2) pairwise matches and select a ranking over the teams. Prior work designs simple tournament rules such that no pair of teams can manipulate the outcome of their match to improve their probability of being ranked first by more than 1/3, and this is the best possible among any Condorcet-consistent tournament rule (which selects an undefeated team whenever one exists) [15,16]. We initiate the consideration of teams who may manipulate their match to improve their ranking (not necessarily to reach first). Specifically, teams compete for a monetary prize, and the ith ranked team takes home $p_i$ in prize money (pi ≥ pi+1 for all i). In this language, prior work designs tournament rules such that no pair of teams can manipulate the outcome of their match to improve their (collective) expected prize money by more than 1/3, when the price vector is ⃭1,0,..., 0›. We design a simple tournament rule (that we call Nested Randomized King of the Hill) such that: a) no pair of teams can improve their collective expected prize money by more than 1/3 for any prize vector in [0,1]n, and b) no set of any teams can gain any prize money for the uniform prize vector with pi:=(n-i)/(n-1).
Publication Date: Jul-2022
Citation: Dale, Emily, Fielding, Jessica, Ramakrishnan, Hari, Sathyanarayanan, Sacheth and Weinberg, S. Matthew. "Approximately Strategyproof Tournament Rules with Multiple Prizes." Proceedings of the 23rd ACM Conference on Economics and Computation (2022): 1082-1100. doi:10.1145/3490486.3538242
DOI: 10.1145/3490486.3538242
Pages: 1082 - 1100
Type of Material: Conference Article
Series/Report no.: EC '22;
Journal/Proceeding Title: Proceedings of the 23rd ACM Conference on Economics and Computation
Version: Final published version. This is an open access article.



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