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With the help of a simple model, we show that the hindsight bias can lead to inefficient delegation decisions. This prediction is tested experimentally. In an online experiment that was conducted during the FIFA World Cup 2010 participants were asked to predict a number of outcomes of the...
Persistent link: https://www.econbiz.de/10009724690
With the help of a simple model, we show that the hindsight bias can lead to ineffcient delegation decisions. This prediction is tested experimentally. In an online experiment that was conducted during the FIFA World Cup 2010 participants were asked to predict a number of outcomes of the ongoing...
Persistent link: https://www.econbiz.de/10009693418
schedule in round-robin tournaments with sequential games between three and four contestants. Our propensity-score matching …
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Many fouls committed in football (called soccer in some countries) are ambiguous, and there is no objective way of …
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