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. Author manuscript; available in PMC: 2010 May 7.
Published in final edited form as: Am Econ J Appl Econ. 2009 Oct 1;1(4):34–68. doi: 10.1257/app.1.4.34

Figure 1.

Figure 1

Tournament Earnings

Note: Figure 1a shows the distribution of earnings within a typical tournament; the convex prize structure implies that the top few percentiles receive a majority of the purse. Figure 1b shows the distribution in average earnings across all tournaments in our sample.