A bronze medal in sports and other similar areas involving competition is a medal made of bronze awarded to the third-place finisher of contests or competitions such as the Olympic Games, Commonwealth Games, etc.
More generally, bronze is traditionally the most common metal used for all types of high-quality medals, including artistic ones.
In a few tournament sports, such as boxing, judo, taekwondo and wrestling, two bronze medals are awarded in each event – one for each eliminated semi-finalist or for the winners of the repechage brackets.
[1] In 1995, a study was carried out by social psychologists Victoria Medvec, Scott Madey and Thomas Gilovich on the effects of counterfactual thinking on the Olympics.
[2][3] This psychological phenomenon was parodied in the Jerry Seinfeld special I'm Telling You for the Last Time.