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Tournament systems reward people according to their performance relative to other contestants. One advantage is that variables beyond the control of the contestants affect them
Tournament systems reward people according to their performance relative to other contestants. One advantage is that variables beyond the control of the contestants affect them all without favoring any one of them. One disadvantage is called ability risk. This refers to contestantspecific variables, such as skill or knowledge that could give a particular contestant a much greater, or smaller, chance of winning.
Which scenario demonstrates the reduction of ability risk?
Jared, the host of a weightloss competition, decides to up the prize money from $ to $ for the person who loses the most weight.
Teresa has the interns she hired for the summer compete against current juniorlevel employees for the one seniorlevel analyst position.
Vivian decides to increase the quality of the underwaterwoven baskets she sells so that her sales representatives can have something else to throw in as part of their sales pitch.
James and David decide to play a game of basketball. The first person to reach points wins. David does not really play sports much, so James gets a point handicap and must score points to win.
Which is most likely to be true about a tournament?
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