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language:"jpn"
~institution:"Institute for the Study of Labor (IZA)"
~language:"und"
~person:"Lee, Jungmin"
~person:"Villeval, Marie-Claire"
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Institute for the Study of Labor (IZA)
Groupe d'Analyse et de Théorie Économique Lyon St-Étienne (GATE Lyon St-Étienne), Faculté de Sciences Économiques et de Gestion
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Prize and Risk-Taking Strategy in Tournaments: Evidence from Professional Poker Players
Lee, Jungmin
-
Institute for the Study of Labor (IZA)
-
2004
This study examines whether people optimally respond to prize incentives for risk taking in tournaments. I exploit the television game show World Poker Tour as a natural experiment. The results show that professional players strategically choose the degree of risk taking depending on the...
Persistent link: https://www.econbiz.de/10005822382
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Self-Selection and the Efficiency of Tournaments
Eriksson, Tor
;
Teyssier, Sabrina
;
Villeval, Marie-Claire
-
Institute for the Study of Labor (IZA)
-
2006
. We show that when the subjects choose to enter a
tournament
, the average effort is higher and the between …
Persistent link: https://www.econbiz.de/10005763542
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