Showing 1 - 10 of 223
We empirically explore the relevance of risk taking behavior in tournaments. We make use of data from the NBA season … 2007/2008 and measure risk taking by the fraction of three-point shots. Current heterogeneity of teams is taken into … account by intermediate results. It turns out that indeed teams who are behind increase the risk in terms of more three …
Persistent link: https://www.econbiz.de/10013146826
Using data on about 35,000 professional tennis matches, we test whether men and women react differently to psychological pressure arising from the outcomes of sequential stages in a competition. We show that, with respect to males, females losing the first set are much more likely to play poorly...
Persistent link: https://www.econbiz.de/10013016179
We exploit a unique setting in which two professionals compete in a real-life tennis contest with high monetary rewards in order to assess how men and women respond to competitive pressure. Comparing their performance in low-stakes versus high-stakes situations, we find that men consistently...
Persistent link: https://www.econbiz.de/10012962261
The establishment of the free agency system in the 1970s resulted in large salary increases among professional baseball players. Historical data show that players have tended to perform better at early stages of their careers since free agency was introduced. Under the current salary bargaining...
Persistent link: https://www.econbiz.de/10013139043
The traditional Becker/Arrow style model of discrimination depicts majority and minority and workers as perfectly substitutable inputs, implying that all workers have the same job assignment. The model is only appropriate for determining whether pay differences between, for example, whites and...
Persistent link: https://www.econbiz.de/10013120136
The financial troubles of professional athletes are an ongoing topic of intrigue. In general, the zealousness brought to private equity schemes are a common factor in observed financial insolvency. Considering the behavioral attribute of self-confidence I propose a simple model which explains...
Persistent link: https://www.econbiz.de/10013085476
The relevance of sunk costs in decision making is one of the major sources of disagreement between neoclassical economists and behavioral economists. We test the importance of sunk costs by examining the role of a player's draft position on his playing time in the National Basketball...
Persistent link: https://www.econbiz.de/10013071737
We estimate the relationship between international youth and professional tennis rankings. We find no difference between the predictiveness of rankings from age 14 & Under versus age 16 & Under competitions. The most persistent predictor of professional success is beating older top ranked...
Persistent link: https://www.econbiz.de/10013055229
Research in the field of customer discrimination has received relatively little attention even if the theory of discrimination suggests that customer discrimination may exist in the long run whereas employer and employee discrimination may not. This paper examines customer discrimination...
Persistent link: https://www.econbiz.de/10012926712
We analyze gender differences in risk-taking in high-pressure situations. Using novel data from professional athletes … (NBA and WNBA), we find that male teams increase their risk-taking towards the end of matches when a successful risky … strategy could secure winning the match. Female teams, in contrast, reduce their risk-taking in these situations. The less time …
Persistent link: https://www.econbiz.de/10012987683