Does Success Breed Success? a Quasi-Experiment on Strategic Momentum in Dynamic Contests
- Publication Type:
- Journal Article
- Citation:
- Economic Journal, 2019, 129 (624), pp. 3107 - 3136
- Issue Date:
- 2019-11-01
Closed Access
Filename | Description | Size | |||
---|---|---|---|---|---|
EJ2019.pdf | Published Version | 1.7 MB |
Copyright Clearance Process
- Recently Added
- In Progress
- Closed Access
This item is closed access and not available.
© 2019 Royal Economic Society. Published by Oxford University Press. We study how agents adapt their behaviour to variations of incentives in dynamic contests. We investigate a real dynamic contest with large stakes: professional tennis matches. Situations in which balls bounce very close to the court's lines are used as the setting of a quasi-experiment providing random variations in winning probability. We find evidence of a momentum effect for men whereby winning a point has a positive causal impact on the probability to win the next one. This behaviour is compatible with a reaction to the asymmetry of incentives between leaders and followers. We do not find momentum for women.
Please use this identifier to cite or link to this item: