We analyze the dynamics of competitions with a large number of players. In
our model, n players compete against each other and the winner is decided based
on the standings: in each competition, the mth ranked player wins. We solve for
the long time limit of the distribution of the number of wins for all n and m
and find three different scenarios. When the best player wins, the standings
are most competitive as there is one-tier with a clear differentiation between
strong and weak players. When an intermediate player wins, the standings are
two-tier with equally-strong players in the top tier and clearly-separated
players in the lower tier. When the worst player wins, the standings are least
competitive as there is one tier in which all of the players are equal. This
behavior is understood via scaling analysis of the nonlinear evolution
equations.Comment: 8 pages, 8 figure