Download or read book Prize and Risk Taking Strategy in Tournaments written by Jungmin Lee and published by . This book was released on 2004 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Leading Effect Vs Risk Taking in Dynamic Tournaments written by Frank Mueller-Langer and published by . This book was released on 2014 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: Two “order effects” may emerge in dynamic tournaments with information feedback. First, participants adjust effort across stages, which could advantage the leading participant who faces a larger “effective prize” after an initial victory (leading-effect). Second, participants lagging behind may increase risk at the final stage as they have “nothing to lose” (risk-taking). We use a randomized natural experiment in professional two-game soccer tournaments where the treatment (order of a stage-specific advantage) and team characteristics, e.g. ability, are independent. We develop an identification strategy to test for leading-effects controlling for risk-taking. We find no evidence of leading-effects and negligible risk-taking effects.
Download or read book The Business of Sports written by Dennis R. Howard and published by Bloomsbury Publishing USA. This book was released on 2008-06-30 with total page 936 pages. Available in PDF, EPUB and Kindle. Book excerpt: The sports industry is large, visible, and growingand it has a huge impact on society. That's obvious to die-hard fans who not only watch sporting events but buy everything from balls to ties to paperweights with their favorite team's logo. But even sports haters can't escape the onslaught of professional sports: They are asked to chip in as taxpayers to build public stadiums, and their children are, like it or not, exposed to events sponsored by alcohol and tobacco companies, not to mention the juvenile antics of star athletes. Businesses, of course, take a hit in productivity when the Olympicsor World Series or Super Bowl or World Cuprolls around. Yet most of us love to watch, and play. The Business of Sports takes on this endlessly fascinating behemoth of an industry to make sense of it all. Yes, sports is big business. How big? Estimates of total annual U.S. spending on sporting goods and services range from $250 to $560 billion a year, and spending related to organized sport alone has been estimated at $200 billion per year. And it's getting bigger, casting an ever-larger shadow over the entire globe. The Business of Sports throws light on the subject by exploring the business and economic dynamics of the industry from a diverse array of perspectives that cover the industry's macroeconomic, management, and marketing/promotion issues. Volume 1, Perspectives on the Sports Industry, documents the current size, scope, and magnitude of the sports industry in the U.S. and abroadincluding the U.K. and China. It also examines the importance of the world's most visible sporting events, like the Olympics, and the impact of sporting events broadcast around the world. Volume 2, Economic Perspectives on Sport, takes an in-depth look at the sports industry from an economic perspective. The volume delves into the inner workings of leagues and teams, covering economic issues from the design of sports leagues to franchise financial valuations to salary caps to labor relations. Volume 3, Bridging Research and Practice, fills the gap between scholarly research on sport and practitioners working in the industry. Topics include evaluating talent, maintaining managerial efficiency, analyzing statistical performance indices, and assessing the noneconomic benefits of professional sports. Business and sports are a potent mix of two of the strongest forces moving our society today. And, as the stratospheric salaries of professional athletes indicate, the industry is going through major growth and change. To make sense of it all, it helps to understand the underlying economic principles driving the business decisions made daily by owners and managers in all corners of the world. The unique, multivolume format of The Business of Sports allows sports nuts, journalists, business people, and students to explore the wide variety of issues that fuel the world's crazy passion for all things athletic.
Download or read book Strategies for Beating Small Stakes Poker Tournaments written by Jonathan Little and published by Createspace Independent Publishing Platform. This book was released on 2015-02-24 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: While most poker players dream of winning $10,000,000 on poker's biggest stage, most find it impossible to win at even the smallest stakes. They usually blame bad luck for their failures whereas in reality, they are simply not skilled enough at poker. The secret to mastering poker is not in memorizing hand ranking charts or following a predetermined system. You must learn to think for yourself while at the table in order to adjust your strategy based on your specific opponents. Strategies for Beating Small Stakes Poker Tournaments will explain how. In this guide, two-time World Poker Tour champion Jonathan Little explains numerous strategies he uses that will allow you to crush your opponents, giving you the opportunity to progress to the middle and high stakes.
Download or read book Handbook of Labor Economics written by Orley Ashenfelter and published by Elsevier. This book was released on 2010-12-09 with total page 863 pages. Available in PDF, EPUB and Kindle. Book excerpt: A guide to the continually evolving field of labour economics.
Download or read book Handbook of Quantitative Finance and Risk Management written by Cheng-Few Lee and published by Springer Science & Business Media. This book was released on 2010-06-14 with total page 1700 pages. Available in PDF, EPUB and Kindle. Book excerpt: Quantitative finance is a combination of economics, accounting, statistics, econometrics, mathematics, stochastic process, and computer science and technology. Increasingly, the tools of financial analysis are being applied to assess, monitor, and mitigate risk, especially in the context of globalization, market volatility, and economic crisis. This two-volume handbook, comprised of over 100 chapters, is the most comprehensive resource in the field to date, integrating the most current theory, methodology, policy, and practical applications. Showcasing contributions from an international array of experts, the Handbook of Quantitative Finance and Risk Management is unparalleled in the breadth and depth of its coverage. Volume 1 presents an overview of quantitative finance and risk management research, covering the essential theories, policies, and empirical methodologies used in the field. Chapters provide in-depth discussion of portfolio theory and investment analysis. Volume 2 covers options and option pricing theory and risk management. Volume 3 presents a wide variety of models and analytical tools. Throughout, the handbook offers illustrative case examples, worked equations, and extensive references; additional features include chapter abstracts, keywords, and author and subject indices. From "arbitrage" to "yield spreads," the Handbook of Quantitative Finance and Risk Management will serve as an essential resource for academics, educators, students, policymakers, and practitioners.
Download or read book Poker Tournament Formula 2 Advanced Strategies written by Arnold Snyder and published by Cardoza Publishing. This book was released on 2013-09-01 with total page 285 pages. Available in PDF, EPUB and Kindle. Book excerpt: Snyder adapts the loose aggressive fast tournament strategies of his groundbreaking first book to the big buy-in events where the real money is made. Players learn never-before-revealed concepts and secrets that shows players why cards don't matter as much as the dynamics of a tournament. Readers learn how to alter their strategy for any tournament structure and opponent, why hands must be played differently from cash games, and why players can't figure out what winners are doing just from watching them play. The book also covers optimal satellite strategy, sit'n'go strategy, methods for estimating tournament win rate and edge
Download or read book Skewing the Odds written by Dawei Fang and published by . This book was released on 2016 with total page 83 pages. Available in PDF, EPUB and Kindle. Book excerpt: We study contests where, subject only to a capacity constraint on mean performance, contestants compete for identical prizes by choosing random performance levels. The capacity constraint combined with the rank-contingent rewards makes win-small/lose-big strategies optimal. Equilibrium strategies are generally skewed but never risk maximizing. When capacity is known and symmetric, we derive a closed-form solution for the game and analyze the effects of contest selectivity and size on equilibrium outcomes. We next consider contests where capacity is private information and show that, contrary to the risk-taking-and-ruin intuition, weak contestants do not always gamble on high-risk strategies. In fact, when the capacities of weak and strong contestants differ sufficiently, weak contestants choose low-variance performance distributions that never top strong contestants' performance, ensuring that the equilibrium is perfectly selection efficient. Finally, we consider the implications of our analysis for mutual fund tournaments, R&D competition, and stochastic contests.
Download or read book FossilMan s Winning Tournament Strategies written by Greg Raymer and published by D&B Publishing. This book was released on 2019-06-30 with total page 371 pages. Available in PDF, EPUB and Kindle. Book excerpt: FossilMan’s Winning Tournament Strategies is the ultimate guide to practical tournament play. Greg “FossilMan” Raymer, winner of the WSOP Main Event in 2004, explains everything you need to know to become a successful tournament player. Raymer is not only a big winner at the tables, he also has a unique ability to explain difficult concepts in clear and simple language. Raymer simplfies the learning process by breaking down the complex subject of tournament strategy into the key areas. Chapters on strategy include: the Independent Chip Model (ICM), game theory, poker maths and pot odds, correct bet-sizing, playing the big stack and playing the short stack. However, Raymer does not focus merely on the correct technical aspects of standard NL tournament play. He also discusses many other important tournament formats that often confuse players. These include: * how strategy changes in satellite and rebuy tournaments- * how to play heads-up events and other uncommon formats and the one everyone wants to know about - * how to play the Main Event.
Download or read book Risk Taking Tournaments written by Petra Nieken and published by . This book was released on 2008 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Omaha High Low How to Win at the Lower Limits written by Shane Smith and published by Cardoza Publishing. This book was released on with total page 117 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Powerful Profits from Tournament Poker written by Victor H. Royer and published by . This book was released on 2013 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: Adapt your poker strategy for tournaments--and reap the rewards! When novices won the World Series of Poker in 2003 and 2004, the word was out: you didn't have to be a pro to take the big prizes from even the toughest poker tournaments. Casinos across the world are pulling out slots and putting in tables, and thousands of new tournaments have sprung up almost overnight on the Internet. It seems that just about everyone is looking to play in tournaments these days. But almost no one knows how to play them well. Victor H. Royer, world-renowned gambling columnist, author, and the man casinos turn to for advice, can get your tournament game where it needs to be, whether you're an average player in a card room or a novice in front of your computer. The dynamics of a poker tournament are radically different than those of a standard poker game, and Royer shows how the smart players learn to adapt their strategies to beat all those players out there who are still using static, older methods. Learn how to: Bring your game up to tournament levelsAvoid common pitfalls of poker tournamentsCompete at poker tournament speedsSpot the best eventsFind the best online tournaments and satellitesPlay all forms of tournament poker Most importantly, Royer gives real-world tournament examples'not just math lessons or theories'that he presents in the conversational and easy-to-learn manner that has made his other eleven books in the Powerful Profits series such huge successes. So if you're ready to step up to the tournament level, Powerful Profits from Tournament Poker is ready to take you there'and to show you how to win! Victor H. Royer is the author of several acclaimed books on casino gambling and is a syndicated columnist for national gaming magazines. His columns have appeared in Casino Magazine, Midwest Gaming and Travel, Casino Executive, Card Player and many others. Additionally, he has served as a marketing and gaming consultant to several of the world's largest casinos, as well as to gaming machine manufacturers. He lives in Las Vegas.
Download or read book Tournament Rewards and Risk Taking written by Hans K. Hvide and published by . This book was released on 2001 with total page 19 pages. Available in PDF, EPUB and Kindle. Book excerpt: I consider two seemingly unrelated puzzles. 1.Why is relative performance evaluation (RPE) used less in CEO compensation than agency theory suggests? 2.Why is sometimes, e.g., for fund managers, a 'modest' performance more highly rewarded than 'very high' performances? I consider a simple tournament model where agents can influence the spread of output in addition to its mean. I show that standard tournament rewards induce risky and lazy behavior from the agents. This finding sheds light on Puzzle 1. Second, I consider a scheme that ranks agents according to their relative closeness to a benchmark k. I show that there exists intermediate values of k such that the risky-lazy problem of the standard tournament can be mitigated, and first best level of effort can be implemented. This result sheds light on Puzzle 2.
Download or read book Think Like a Poker Pro written by Byron Jacobs and published by D&B Publishing. This book was released on 2016-03-24 with total page 218 pages. Available in PDF, EPUB and Kindle. Book excerpt: Do you suspect that your poker skill is insufficiently well rewarded?Do you wonder how the professionals always get the money?Would you like to know how top players study and refine their game? If you have ambitions to join the ranks of the consistently winning players, this book will help you plan your campaign. Poker is a strange and fascinating game. There is a great deal more to being a successful player than simply knowing how to play a good game. Playing good poker is largely a technical skill which can be learned. Being a consistently successful player is much harder and necessitates acquiring expertise in many other areas. Byron Jacobs has been a successful online poker player for seven years. In this book he identifies precisely how this can be achieved and shows how much of the battle actually needs to be conducted away from the table. If you already play a fair game of poker but want to become one of the very few players who consistently “play well”, then you need this book. The concepts discussed in this book are brought into clear focus on the accompanying 180 minute CD of videos where the author can be seen explaining his decision-making process. Here is an extract:
Download or read book Incentives for Collaboration and Competition written by Jonas Heite and published by Springer Nature. This book was released on 2020-02-25 with total page 219 pages. Available in PDF, EPUB and Kindle. Book excerpt: Individuals and firms can improve their performance through collaboration and competition. However, it is still an open question how collaboration and competition schemes can be optimally designed and incentivized in order to exploit their full potential. Jonas Heite investigates this question by assessing efforts to stimulate R&D collaboration and by examining properties as well as underlying mechanisms (e.g., effort, risk, confidence and stress) of ability configurations in contests. Based on three large-scale economic studies covering laboratory, field and natural experiments, the author applies novel and sophisticated econometric methods to provide causal empirical evidence that yields important implications for policymakers, managers and researchers.
Download or read book Tournament Poker Success Affirmations Workbook written by Jared Carter and published by Jared Carter and Joshua Alton. This book was released on 2024-06-01 with total page 15 pages. Available in PDF, EPUB and Kindle. Book excerpt: Introducing the "Tournament Poker Success Affirmations Workbook; Mastering the Mental Game: Professional Strategies for Peak Performance: Conquer Leaks, Avoid Mistakes and Play Like the Pros," - the ultimate companion for competitive table game players. Here are some of the ways these specially crafted affirmations combined with the practice of journaling can help you excel in tournament situations: Mental Strength: Harness the power of affirmations to develop unwavering mental strength, enabling you to stay focused and composed even in high-pressure situations. Confidence Boost: Immerse yourself in powerful affirmations that instill unwavering confidence in your poker skills, empowering you to make bold moves and seize profitable opportunities. Emotional Control: Learn how affirmations can help you manage tilt and keep your emotions in check, allowing you to make rational decisions and bounce back from setbacks with resilience. Strategic Mindset: Immerse yourself in affirmations that cultivate a strategic mindset, helping you adapt to changing dynamics, exploit opponent weaknesses, and optimize your tournament strategies. Motivation and Resilience: Discover affirmations that fuel your motivation and resilience, providing you with the determination to overcome challenges, stay committed to your goals, and continually improve your poker game. "The Tournament Poker Success Affirmations Workbook" addresses the crucial aspects of tournament poker, helping you excel at every stage of the game. In the early stages, affirmations enhance your mental strength and confidence, allowing you to make calculated decisions and navigate the table with ease. Effective time management becomes second nature as you stay focused and present, utilizing affirmations to maximize your playing time and seize opportunities. Improve chip accumulation with affirmations that cultivate a strategic mindset, helping you exploit opponents' weaknesses and build a formidable stack. During bubble play, affirmations aid in emotional control, enabling you to make clear-headed decisions and strategically maneuver through the pressure-filled moments. When facing pay jumps, affirmations keep you motivated and resilient, allowing you to perform at your best and secure higher payouts. As you reach the final table, affirmations sharpen your focus and refine your strategy, ensuring you make optimal decisions in pursuit of victory. Even in short-stack situations, affirmations empower you to stay calm, adapt your approach, and make strategic moves to stage a comeback. With "The Tournament Poker Success Affirmations Workbook" you'll have the tools to conquer the diverse challenges of tournament poker and elevate your game to new heights. Ready to unlock your full potential at the tournament poker table? Act now and grab your copy of "The Tournament Poker Success Affirmations Workbook; Mastering the Mental Game: Professional Strategies for Peak Performance: Conquer Leaks, Avoid Mistakes and Play Like the Pros" workbook today and let the power of affirmations elevate your game and propel you to tournament success!
Download or read book CentrePiece written by and published by . This book was released on 2007 with total page 200 pages. Available in PDF, EPUB and Kindle. Book excerpt:
