Abstract
We study the asymptotic behavior of the maximum number of directed cycles of a given length in a tournament: let be the limit of the ratio of the maximum number of cycles of length in an -vertex tournament and the expected number of cycles of length in the random -vertex tournament, when tends to infinity. It is well-known that and . We show that if and only if is not divisible by four, which settles a conjecture of Bartley and Day. If is divisible by four, we show that and determine the value exactly for . We also give a full description of the asymptotic structure of tournaments with the maximum number of cycles of length when is not divisible by four or .
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