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> Sutter Matthias 1968
> Lenz M >
Psychological press...
Psychological pressure in competitive environments: New evidence from randomized natural experiments
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- Kocher, Martin G. (author)
- Gothenburg University,Göteborgs universitet,Institutionen för nationalekonomi med statistik,Department of Economics
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Lenz, M. (author)
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- Sutter, Matthias, 1968 (author)
- Gothenburg University,Göteborgs universitet,Institutionen för nationalekonomi med statistik,Department of Economics
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(creator_code:org_t)
- Institute for Operations Research and the Management Sciences (INFORMS), 2012
- 2012
- English.
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In: Management Science. - : Institute for Operations Research and the Management Sciences (INFORMS). - 0025-1909 .- 1526-5501. ; 58:8, s. 1585-1591
- Related links:
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https://gup.ub.gu.se...
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Abstract
Subject headings
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- Dynamic competitive settings may create psychological pressure when feedback about the performance of competitors is provided before the end of the competition. Such psychological pressure could produce a first-mover advantage, despite a priori equal winning probabilities. Using data from a randomized natural experiment—penalty shootouts in soccer—we reexamine evidence by Apesteguia and Palacios-Huerta [Apesteguia J, Palacios-Huerta I (2010) Psychological pressure in competitive environments: Evidence from a randomized natural experiment. Amer. Econom. Rev. 100(5):2548–2564]. They report a 21-percentage-point advantage for first movers over second movers in terms of winning probabilities. Extending their sample of 129 shootouts to 540, we fail to detect any significant first-mover advantage. Our results are fully consistent with recent evidence from other sports contests.
Subject headings
- SAMHÄLLSVETENSKAP -- Ekonomi och näringsliv -- Nationalekonomi (hsv//swe)
- SOCIAL SCIENCES -- Economics and Business -- Economics (hsv//eng)
Keyword
- tournament; first-move advantage; psychological pressure; field experiment; soccer; penalty shootouts
Publication and Content Type
- ref (subject category)
- art (subject category)
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