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on Sports and Economics |
By: | Mark Kassis; Sascha L. Schmidt; Dominik Schreyer; Matthias Sutter (Max Planck Institute for Research on Collective Goods, Bonn) |
Abstract: | In this paper, we show that the right to determine the sequence of moves in a dynamic team tournament improves the chances of winning the contest. Because studying dynamic team tournaments – like R&D races – with interim feedback is difficult with company data, we examine decisions of highly paid professionals in soccer penalty shootouts and show that teams whose captains can decide about the shooting sequence are more likely to win the shootout. So, managerial decisions matter for outcomes of dynamic tournaments and we discuss potential reasons for this finding. |
Keywords: | Dynamic tournament, sports professionals, psychological pressure, value of decision rights, penalty shoot-outs, behavioral economics |
JEL: | C93 D00 D81 D91 Z20 |
Date: | 2020–08 |
URL: | http://d.repec.org/n?u=RePEc:mpg:wpaper:2020_21&r=all |
By: | Böheim, René; Freudenthaler, Christoph; Lackner, Mario |
Abstract: | We analyze the effect of the coach's gender on risk-taking in women's National Collegiate Athletic Association (NCAA) basketball teams. We find that the coach's gender has a sizable and significant effect on the team's risk-taking, a finding that is robust to several empirical strategies, including an instrumental variable approach. We find that women's teams with a male head coach are 5 percentage points more likely to take risk than women's teams with a female head coach. This gap is persistent over the duration of games and does not change with intermediate game performance. Since risk-taking has a positive effect on winning a game, female head coaches could improve their team's success by adopting more risk-taking. |
Keywords: | Corporate risk-taking,gender difference,success |
JEL: | J16 J44 |
Date: | 2020 |
URL: | http://d.repec.org/n?u=RePEc:zbw:vfsc20:224568&r=all |
By: | Witthaus, Bjorn |
Abstract: | The research reported in this paper focused on the relationship between UEFA Euro in Poland and the decisions taken by representatives of SMEs. In order to evaluate the link between organisation of the Euro 2012 in Poland and the entrepreneurs’ decisions, a questionnaire-based survey has been conducted. The main purpose was to identify the entrepreneurs’ stance with respect to the opportunities and threats connected with organisation of the Euro 2012. As many as 87% of the surveyed companies had not taken any action before the final tournament, even though they treated the event as a chance to develop. Because of football matches played in Pomerania the hotel business was an industry which expected the greatest benefits. |
Keywords: | Euro 2012; hotel industry; Pomerania |
JEL: | L83 |
Date: | 2020–11–04 |
URL: | http://d.repec.org/n?u=RePEc:pra:mprapa:103936&r=all |
By: | Ifcher, John (Santa Clara University); Zarghamee, Homa (Barnard College) |
Abstract: | Experiments have demonstrated that men are more willing to compete than women in stereotypically male tasks. We examine whether nominations close this gender gap. For example, are male nominators more willing than female nominators to enter nominees into competitions. Further, we consider the interaction between nominator and nominee gender. For example, do men shy away from entering women into competitions, or do they make them compete too much? We find a gender gap in neither nominators' willingness to enter nominees into competitions, nor in nominees' likelihood to be entered into competitions. Interestingly, male and female nominators willingness to enter nominees into competitions is statistically indistinguishable from women's willingness to enter themselves into competitions. We also find that men are significantly more likely to enter themselves than others into competitions; this suggests that a nominating process that excludes self-nominations could have an equalizing effect on the proportion of men and women who enter competitions. Our results also reinforce the assertion that the gender gap in competitive preferences is driven by the "thrill or fear of performing in a competitive environment (Niederle & Vesterlund, 2007)," as this motivation is absent in decision-making for others. |
Keywords: | nominations, preference for competition, willingness to compete, gender gap, decision making for others, DMfO |
JEL: | H1 H5 P1 |
Date: | 2020–11 |
URL: | http://d.repec.org/n?u=RePEc:iza:izadps:dp13852&r=all |
By: | Whalen, Christine; Cooper, Dean; Sproule, William J. |
Keywords: | Public Economics |
Date: | 2020–10–22 |
URL: | http://d.repec.org/n?u=RePEc:ags:cantrf:306042&r=all |