In the case of Friedrich and Kripps' teams, a tie for first place results in a shared gold medal. Both teams receive gold, and the team that finishes behind them receives a bronze medal. A silver medal is not awarded. This also happened during the women's downhill final at Sochi just four years ago.
If the tie occurs between athletes or teams who finish second, both receive a silver medal. No bronze medal is awarded in this situation. The first-place finisher receives a gold medal as per usual. This last happened during the 2010 Winter Olympics in Vancouver when Sergey Novikov of Belarus and Ole Einar Bjørndalen of Noway tied for second in men's individual biathlon, as highlighted by the Huffington Post.
In the event of a third-place tie, both athletes or teams are given bronze. In that instance, there's a gold medal, a silver medal, and two bronze medals. This situation played out on Saturday when Marit Bjørgen of Norway and Krista Pärmäkoski finished with a time of 25:32.4 in women's cross-country 10km freestyle. Both athletes were awarded bronze while Norway's Ragnhild Haga won gold and Sweden's Charlotte Kalla won silver.