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Team vs. Individual Tournaments: Evidence from Prize Structure in eSports
Высшая школа экономики
,
2016.
No. 138/EC/2016.
Coates D. C., Parshakov P.
This study tests the implications of tournament theory using data on eSports (video game) competitions. We incorporate team production with the theory of rank order elimination tournaments since in our analysis, competitors in an elimination tournament are groups rather than individuals. In this setting, the issue of proper incentives becomes more complicated than in the normal tournament model. Our findings demonstrate that the prize structure is convex in rank order which means that the contestants in eSports tournaments are risk averse. The results for the team games are more consistent with the tournament theory than the results for individual games. From the practical point of view, we provide decision-makers in both sports and business with the insights about the compensation design with respect to importance of the competition and its type.
Publication based on the results of:
Shenkman E., Coates D. C., Chadov A. L. et al., Journal of Economic Behavior and Organization 2022 Vol. 198 P. 476-492
Tournament theory has been supported by many pieces of empirical research in different fields. However, tournament theory literature focuses largely on the incentives of individual competitors. In our paper we develop a model the organizer choice between team and individual tournament and suggest a model of rank-order tournaments between teams. We test its implications using ...
Added: May 3, 2022
Parshakov P., Shakina E., Barajas A., Economic Research-Ekonomska Istraživanja 2022 Vol. 35 No. 1 P. 122-142
This article contributes to the development of contestable market theory by investigating how competitiveness in the eSports industry influences the size of this industry, as measured by the volume of monetary prizes. We use data on each gamer's prize earnings for each tournament from 1999 to 2015 to estimate panel vector autoregression (VAR) model with ...
Added: April 22, 2021
Parshakov P., Naidenova I. N., Barajas A., Journal of Business Research 2020 Vol. 118 P. 262-270
Companies have increasingly used the promotion of their products through event marketing. However, empirical evidence on whether the events lead to higher sales is mixed. This study investigates the spillover effects of promotion in sales directly and through increasing popularity for global multiproduct firms. The research is carried out on data of the video game ...
Added: July 7, 2020
Parshakov P., Paklina S., Coates D. C. et al., Journal of Economic Studies 2021 Vol. 48 No. 4 P. 817-835
Purpose – Video games are considered as a leisure activity that makes being unemployed more attractive than
before. In this study, the authors use eSports prizes as a proxy for the popularity of video games to analyze its
influence on total and youth unemployment.
Design/methodology/approach – The authors develop a theoretical model and empirically test it using the
total ...
Added: September 14, 2020
Parshakov P., Zavertiaeva M. A., Coates D. C., Applied Economics 2018 Vol. 50 No. 47 P. 5064-5075
We use eSports data to construct an empirical model to measure the effect of diversity on team performance. Different kinds of diversities are considered, diversity of culture, diversity of language and diversity of skill. Our main results are that cultural diversity is beneficial for team performance: the absence of diversity reduces performance by 30%. However, ...
Added: June 26, 2018
Alekseev S., Куташевская Я. С., Melnik V., Спорт: экономика, право, управление 2020 № 2 С. 5-10
This article is devoted to the study of e-sports and computer sports as components of sports. A distinction is made between the concepts of e-sports and computer sports. The author considers the validity of applying the requirements established by domestic legislation for the recognition of new sports in relation to e-sports and computer sports. The ...
Added: November 12, 2020
Dagaev D., Stoyan E., Journal of Economic Psychology 2020 Vol. 81 Article 102305
We analyse betting behaviour patterns of the visitors of the specialized betting website dedicated to the popular eSports game \textit{Counter-Strike: Global Offensive}. The reverse favourite-longshot bias is found, which is rather unusual for parimutuel betting markets, where favourite-longshot bias is more common. We define simple betting strategies based on the bets on underdogs and show ...
Added: July 17, 2020
Dagaev D., Stoyan E., / National Research University Higher School of Economics. Series WP BRP "Basic research program". 2019. No. WP BRP 216/EC/2019.
We analyse betting behaviour patterns of the visitors of the specialized betting website dedicated to the popular eSports game Counter-Strike: Global Offensive. The reverse favourite-longshot bias is found both in the in-sample and out-of-sample datasets. This phenomenon is rather unusual for parimutuel betting markets because favourite-longshot bias is more common. We define simple betting strategies ...
Added: June 26, 2019
Klimova M., Вопросы ономастики 2020 Т. 17 № 3 С. 293-315
The article discusses the use of nicknames in online games (specifi cally, the Dota 2 game) which constitutes a completely new fi eld of onomastic research. The paper starts by reviewing the main onomastic issues related to nicknames: correlation with similar and synonymous terms, questions of their status amongst other categories of anthroponyms, approaches to ...
Added: October 16, 2019
Zavertiaeva M. A., Parshakov P., International Journal of Sport Finance 2018 Vol. 13 No. 1 P. 34-51
This study provides readers with new information about key drivers of performance in the emerging area of eSports. Competitive computer gaming (eSports) is becoming increasingly popular, and the number of gamers and amount of prize money is growing. We therefore explore some key country-level characteristics that may contribute to players’ success, measured as money won. ...
Added: May 24, 2018
Coates D. C., Frick B., Journal of Sports Economics 2015
This study estimates the relationship between production and salary structure in Major League Soccer (MLS), the highest level of professional soccer (association football) in North America. Soccer production, measured as league-points-per-game, is modeled as a function of a team’s total wage bill, the distribution of the team’s wage bill, and goals per game. Both the ...
Added: January 22, 2016
Bulygin D., Musabirov I., Suvorova A. et al., / National Research University Higher School of Economics. Series WP BRP "Basic research program". 2021.
Hundreds of thousands of spectators use Twitch.tv to watch The International, a Dota 2 eSports tournament, and communicate in massive chats. In this paper, we analyse crowd behavior in these chats, disentangle features of social communication, such as contextual meanings of emojis and short messages. We apply structural topic modelling and cross-correlation analysis to investigate ...
Added: December 15, 2020
Ekaterina Marchenko, Vsevolod Suschevskiy, , in : Digital Transformation and Global Society Third International Conference, DTGS 2018, St. Petersburg, Russia, May 30 –June 2, 2018, Revised Selected Papers, Part I. Issue 858.: Cham : Springer, 2018. P. 468-473.
In this work, we analyse the structure of local and regional market of player transfers in popular eSports discipline Dota 2. Together with team performance metrics, these data provide us with an opportunity to model network of transfers between teams. In turn, the transfers show the actual structure of mobility in the industry. We collected ...
Added: December 10, 2018
Ekaterina Marchenko, Vsevolod Suschevskiy, , in : Proceedings of the 22nd International Academic Mindtrek Conference. : NY : ACM, 2018. P. 255-257.
In this work, we analyze how the esports transfer market is organized with the help of mixed methods. We assume that a combination of Social Network Analysis and Machine Learning can help to achieve deeper understanding and to find patterns which are hidden from the one-side analysis. For the research, we gathered information about transfers ...
Added: December 10, 2018
Байбеков Р. Р., Спорт: экономика, право, управление 2022 № 4 С. 9-11
This article is devoted to the study of the regulation of relations in the field of e-sports. This industry is just being formed, but already has some differences from the usual sports. The author in the work explores the subject composition of organizations that manage e-sports. It is noted that video game developers play an ...
Added: December 15, 2022
Киберспорт: особенности и перспективы развития правовой регламентации (российский и зарубежный опыт)
Павлов С. И., Mikheeva I. V., В кн. : Народ и власть: взаимодействие в истории и современности: научный ежегодник факультета права НИУ ВШЭ - Нижний Новгород. Вып. 6.: НИУ ВШЭ - Нижний Новгород, 2019. С. 166-175.
The article is devoted to the regulatory legal relations in the field of electronic sports. Particular attention is paid to the analysis of the definitions content used in the eSport. The experience of foreign legal regulation of public relations in the field of eSports and the nature of eSports in the digital era are considered. ...
Added: December 21, 2019
Konstantinova K., В кн. : Интернет и современное общество: сборник тезисов докладов. Киберпространство: перспективные социально‐экономические и гуманитарные исследования. : СПб. : Университет ИТМО, 2017. С. 66-69.
...
Added: December 12, 2017
М. : ИНИОН РАН, 2014
В сборнике рассматриваются теоретические и практические проблемы взаимодействия человека, техносферы и биосферы, а также преодоления антропогенной деградации биосферы.
Для научных работников, специалистов, преподавателей и аспирантов. ...
Added: October 22, 2014
Kotelnikova M. V., Aistov A., Вестник Нижегородского университета им. Н.И. Лобачевского. Серия: Социальные науки 2019 Т. 55 № 3 С. 183-189
The article describes a method that allows to improve the content of disciplines of the mathematical cycle by dividing them into invariant (general) and variable parts. The invariants were identified for such disciplines as «Linear algebra», «Mathematical analysis», «Probability theory and mathematical statistics» delivered to Bachelors program students of economics at several universities. Based on ...
Added: January 28, 2020
М. : КноРус, 2012
Представлена экономическая оценка природно-ресурсного потенциала РФ, рассмотрены закономерности размещения природных ресурсов и основные особенности экологической ситуации в регионах страны, описано влияние экологических факторов на демографический потенциал и здоровье населения, приведена характеристика основных загрязнителей окружающей среды, изложены основы природно-ресурсной политики России и хозяйственный механизм ее осуществления, раскрыты региональные различия современной экологической обстановки в стране и тенденции ...
Added: March 10, 2013
Lipatnikov V. S., Гребенькова Е. С., Проблемы теории и практики управления 2014 № 12 С. 89-96
In this article is conducted research of the mechanism of selection of venture innovative projects. We studied the factors, which influence a choice of business angels. The purpose of work was to receive an advanced system of estimation of projects. On the basis of the survey it is possible to say that the financing of ...
Added: December 8, 2014
Neretina Ekaterina, Neretina E., Journal of Accounting, Finance and Economics 2013 Vol. 3 No. 1 P. 65-76
The last market crash of 2008-2009 showed that the construction sphere is one of the most fragile subject to the crisis effect. The destructive effect of this crash resulted in substantial decrease in mortgage lending, price index, capital investment, and in growth of the cost level. As the construction industry remains strategically important, the eruption ...
Added: September 5, 2013
Oxford Abstracts, 2021
Recovering from Covid: Responsible Management and Reshaping the Economy
In 2021, the 35th Conference and 2nd BAM Conference in the Cloud, will critically engage with the socio-economic recovery from the global Covid-19 pandemic.
Consumers, producers, frontline workers, managers, businesses, public and third sector organisations all have their own roles and responsibilities in transforming our marketised society for the post-pandemic world.
We will critically explore the challenges we all face, aiming to ...
Added: June 12, 2021
Dzhagityan E. P., Вестник международных организаций: образование, наука, новая экономика 2019 Т. 14 № 2 С. 245-274
The institutional aspect of post-crisis banking regulation reform (Basel III) remains unsettled, and as such undermines regulators’ efforts to shape a seamless platform for international financial intermediation. The lack of global acceptance of the Basel III standards amid the internationalization of banking activities is one of the main reasons for regulatory asymmetries which are difficult ...
Added: August 28, 2018