DOES SUCCESS BREED SUCCESS? A QUASI-EXPERIMENT ON STRATEGIC MOMENTUM IN DYNAMIC CONTESTS

被引:36
作者
Gauriot, Romain [1 ]
Page, Lionel [2 ]
机构
[1] New York Univ Abu Dhabi, Div Social Sci, Abu Dhabi, U Arab Emirates
[2] Univ Technol Sydney, Sydney, NSW, Australia
基金
澳大利亚研究理事会;
关键词
COMPETITIVE ENVIRONMENTS; PSYCHOLOGICAL MOMENTUM; MINIMAX PLAY; DISCONTINUITY; GENDER; EQUILIBRIUM; PERFORMANCE; INCENTIVES; TOURNAMENT; MULTISTAGE;
D O I
10.1093/ej/uez040
中图分类号
F [经济];
学科分类号
02 ;
摘要
We study how agents adapt their behaviour to variations of incentives in dynamic contests. We investigate a real dynamic contest with large stakes: professional tennis matches. Situations in which balls bounce very close to the court's lines are used as the setting of a quasi-experiment providing random variations in winning probability. We find evidence of a momentum effect for men whereby winning a point has a positive causal impact on the probability to win the next one. This behaviour is compatible with a reaction to the asymmetry of incentives between leaders and followers. We do not find momentum for women.
引用
收藏
页码:3107 / 3136
页数:30
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