A large experimental literature has arisen that shows significant differences in how men and women respond to economic contests. Non-experimental studies, however, frequently contradict the experimental findings. We use data from the ATP and WTA professional tennis tours (in which all contests...

The importance of sunk costs in economic decision making is a major source of disagreement between neoclassical and behavioral economists. We provide a direct test of the role played by sunk costs using evidence from the National Basketball Association. Because teams have a greater financial and...