Universität zu Köln

Kassis, Mark, Schmidt, Sascha L., Schreyer, Dominik ORCID: 0000-0003-1129-7789 and Sutter, Matthias ORCID: 0000-0002-6143-8706 (2021). Psychological pressure and the right to determine the moves in dynamic tournaments - evidence from a natural field experiment. Games Econ. Behav., 126. S. 278 - 288. SAN DIEGO: ACADEMIC PRESS INC ELSEVIER SCIENCE. ISSN 1090-2473

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Abstract

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. (C) 2021 Elsevier Inc. All rights reserved.

Item Type:	Journal Article
Creators:	Creators Email ORCID ORCID Put Code Kassis, Mark UNSPECIFIED UNSPECIFIED UNSPECIFIED Schmidt, Sascha L. UNSPECIFIED UNSPECIFIED UNSPECIFIED Schreyer, Dominik UNSPECIFIED orcid.org/0000-0003-1129-7789 UNSPECIFIED Sutter, Matthias UNSPECIFIED orcid.org/0000-0002-6143-8706 UNSPECIFIED
URN:	urn:nbn:de:hbz:38-582403
DOI:	10.1016/j.geb.2021.01.006
Journal or Publication Title:	Games Econ. Behav.
Volume:	126
Page Range:	S. 278 - 288
Date:	2021
Publisher:	ACADEMIC PRESS INC ELSEVIER SCIENCE
Place of Publication:	SAN DIEGO
ISSN:	1090-2473
Language:	English
Faculty:	Unspecified
Divisions:	Unspecified
Subjects:	no entry
Uncontrolled Keywords:	Keywords Language COMPETITIVE ENVIRONMENTS EVIDENCE; DECISION Multiple languages Economics Multiple languages
URI:	http://kups.ub.uni-koeln.de/id/eprint/58240