We provide a theoretical and empirical analysis of the set-level strategic and psychological momentums in best-of-five contests where players have asymmetric abilities. Theoretical predictions match observed Set 1 outcomes, the only set with no set-level psychological momentum, but do not match...

We provide a theoretical and empirical analysis of strategic momentum and psychological momentum in best-of-three contests where players have asymmetric abilities. As a theoretical benchmark, we develop a fully rational model of best-of-three contests and define psychological momentum as...