Tournament theory is a theory of incentive mechanism in the principal-agent relationship which is based on the comparison of individual relative performance.

锦标赛理论是通过比较相对业绩来研究委托代理关系的一种激励机制理论。

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Although the arrangement of the professional football training construct is based on the periodic theory, it's focus is arranged according to the football tournament.

足球训练结构的安排，虽仍以周期性理论为依据，但围绕联赛安排训练是当今职业足球训练的核心。

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The conclusions include: 1. the pay gap of top management of China's listed companies is consistent with the theory of tournament;

本文的研究发现主要有：1、中国上市公司高管薪酬差距符合锦标赛理论；

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"My mother has this theory that the first year of my towel, Andy Murray will win the tournament, " said Ms. Ackroyd, the designer.

WSJ: Wimbledon Throws in the Towel