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Antecedents of Attitudes Towards Risky Career Choices

Jung, Verena; Schmidt, Sascha L.; Torgler, Benno - Center for Research in Economics, Management and the … - 2012

test which factors influence young elite athletes' tendency towards choosing a high-risk career option over a lower risk … Academies, towards making real-life decisions. Generally, they face the decision early on as to whether or not they should risk …, explain risk-taking in competitive environments. The longer an individual survives the continuous selection process in the …

Persistent link: https://www.econbiz.de/10010596319

Expectations as Reference Points: Field Evidence from Experienced Subjects in a Competitive, High-Stakes Environment

Bartling, Björn; Brandes, Leif; Schunk, Daniel - CESifo - 2012

We show that professional soccer players exhibit reference-dependent behavior during matches. Controlling for the state of the match and for unobserved heterogeneity, we show on a minute-by-minute basis that a player breaches the rules of the game, measured by the referee’s assignment of...

Persistent link: https://www.econbiz.de/10010551016

Football Betting As A Cyclical Learning Process

Pujol, Francesc - School of Economics and Business Administration, … - 2009

Based on the well established result of probability matching, we explore in this paper to what extent soccer bettors adjust their behavior taking into account the new relevant information provided by the market. We test empirically the existence of a learning process using the Quiniela...

Persistent link: https://www.econbiz.de/10010559854

What Shapes Young Elite Athletes' Perception of Chances in an Environment of Great Uncertainty?

Jung, Verena; Schmidt, Sascha L.; Torgler, Benno - School of Economics and Finance, Business School - 2012

Unrealistic optimism is a commonly observed bias in the perception of chances. In this paper, we examine whether the bias is also present among young elite soccer players (10 to 23 years old) who receive regular objective feedback through external assessments. Utilising a large unique data set...

Persistent link: https://www.econbiz.de/10010564026

Does the Home Advantage Depend on Crowd Support? Evidence from Same-Stadium Derbies

Ponzo, Michela; Scoppa, Vincenzo - Centro Studi di Economia e Finanza (CSEF) - 2014

We investigate to what extent crowd support contributes to the home advantage in soccer, disentangling this effect from other mechanisms such as players’ familiarity with the stadium and travel fatigue. To evaluate the relevance of crowd support in determining home advantage we analyze...

Persistent link: https://www.econbiz.de/10010937881

Does the Home Advantage Depend on Crowd Support? Evidence from Same-Stadium Derbies

Ponzo, Michela; Scoppa, Vincenzo - Institute for the Study of Labor (IZA) - 2014

We investigate to what extent crowd support contributes to the home advantage in soccer, disentangling this effect from other mechanisms such as players' familiarity with the stadium and travel fatigue. To evaluate the relevance of crowd support in determining home advantage we analyze...

Persistent link: https://www.econbiz.de/10010884233

Gender differences in risk-taking: Evidence from professional basketball

Böheim, René; Freudenthaler, Christoph; Lackner, Mario - 2016

We analyze gender differences in risk-taking in high-pressure situations. Using novel data from professional athletes … strategy could secure winning the match. Female teams, in contrast, reduce their risk-taking in these situations. The less time … tournament), we find no increase in risk-taking for male teams. …

Persistent link: https://www.econbiz.de/10011615047

Gambling and the use of credit: an individual and household level analysis

Brown, Sarah; Dickerson, Andy; McHardy, Jolian; Taylor, Karl - 2010

We explore the relationship between gambling and other forms of risk-taking behaviour, i.e. exposure to debt and the …

Persistent link: https://www.econbiz.de/10010271301

Examining the Halo Effect in Lotto Games

Matheson, Victor; Grote, Kent - Department of Economics and Accounting, College of the … - 2005

The "Halo Effect" occurs when lotto ticket sales are unexpectedly high following a large jackpot. An examination of the Powerball lottery finds evidence that the halo effect exists and that it is the result of bettors exchanging prize winnings for new tickets.

Persistent link: https://www.econbiz.de/10005526876

The Effect of Individual Uncertainty on the Specificity of Human Capital: Empirical Evidence from Professional Soccer

Merkel, Steffen; Schmidt, Sascha L.; Torgler, Benno - Center for Research in Economics, Management and the … - 2015

This study uses the case of professional soccer to investigate the determinants of human capital (HC) specificity. Inspired by labor market research, we formulate three hypotheses on how uncertainty about the usefulness of individuals’ (more productive) specific skills affects their investment...

Persistent link: https://www.econbiz.de/10011269148