Article ID: | iaor20022418 |
Country: | United Kingdom |
Volume: | 8 |
Issue: | 5 |
Start Page Number: | 491 |
End Page Number: | 495 |
Publication Date: | Sep 2001 |
Journal: | International Transactions in Operational Research |
Authors: | Hurley William J., Graham W.J. |
Keywords: | game theory |
We consider optimal strategies in fantasy team competitions having a reward structure which is heavily weighted towards winner-take-all. We find that it is optimal for participants to play boldly if the number of participants is sufficiently large.