particular, we test whether decision makers in multi-stage tournaments take heterogeneity induced changes of continuation values …-professional basketball tournaments, we find that effort is negatively affected by the ability of the current opponent, consistent with the …

particular, we test whether decision makers in multi-stage tournaments take heterogeneity induced changes of continuation values …-professional basketball tournaments, we find that effort is negatively affected by the ability of the current opponent, consistent with the …

particular, we test whether decision makers in multi-stage tournaments take heterogeneity induced changes of continuation values …-professional basketball tournaments, we find that effort is negatively affected by the ability of the current opponent, consistent with the …

subsequent contest if the degree of heterogeneity in the current (subsequent) contest is sufficiently large (small). We confirm … are (i) less likely to be fielded when the heterogeneity in the current match increases and (ii) more likely to receive a … fifth yellow card in the current match when the heterogeneity in the next match increases or when the heterogeneity in the …