Psychological Pressure and the Right to Determine the Moves in Dynamic Tournaments : Evidence from a Natural Field Experiment
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
Year of publication: |
2020
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Authors: | Kassis, Mark |
Other Persons: | Schmidt, Sascha L. (contributor) ; Schreyer, Dominik (contributor) ; Sutter, Matthias (contributor) |
Publisher: |
[2020]: [S.l.] : SSRN |
Saved in:
freely available
Extent: | 1 Online-Ressource (28 p) |
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Series: | IZA Discussion Paper ; No. 13628 |
Type of publication: | Book / Working Paper |
Language: | English |
Other identifiers: | 10.2139/ssrn.3682942 [DOI] |
Classification: | C93 - Field Experiments ; D00 - Microeconomics. General ; D81 - Criteria for Decision-Making under Risk and Uncertainty ; D91 - Intertemporal Consumer Choice; Life Cycle Models and Saving ; z20 |
Source: | ECONIS - Online Catalogue of the ZBW |
Persistent link: https://www.econbiz.de/10012824429