Titelaufnahme

Titel
Do tournaments with superstars encourage or discourage competition? / Michael Babington (Florida State University), Sebastian J. Goerg (Florida State University, IZA, and Max Planck Institute Bonn), Carl Kitchens (Florida State University and NBER)
VerfasserBabington, Michael In der Gemeinsamen Normdatei der DNB nachschlagen ; Goerg, Sebastian J. In der Gemeinsamen Normdatei der DNB nachschlagen ; Kitchens, Carl T. In der Gemeinsamen Normdatei der DNB nachschlagen
KörperschaftForschungsinstitut zur Zukunft der Arbeit In der Gemeinsamen Normdatei der DNB nachschlagen
ErschienenBonn, Germany : IZA Institute of Labor Economics, May 2017
Ausgabe
Elektronische Ressource
Umfang1 Online-Ressource (46 Seiten) : Diagramme
SerieDiscussion paper ; no. 10755
URNurn:nbn:de:hbz:5:2-124418 Persistent Identifier (URN)
Zugriffsbeschränkung
 Das Dokument ist frei verfügbar.
Volltexte
Do tournaments with superstars encourage or discourage competition? [1.3 mb]
Links
Nachweis
Verfügbarkeit In meiner Bibliothek
Zusammenfassung

To test and replicate the superstar effect reported by Brown (2011) we empirically study contests where a single entrant has an endogenously higher probability of winning. Unlike the previous literature, we test for the presence of the superstar effect in several different contexts. Ultimately, we collect and explore data from four sources: men's and women's professional golf, and men's and women's professional alpine skiing. Our baseline study of men's professional golf serves as a replication of Brown's (2011) study. Empirically, we find little robust evidence of the superstar effect in any of our datasets. In our replication exercise, we approximate the findings of Brown (2011), however, we cannot reject the null that the presence of a superstar has no impact on high ranked competitors. In our other settings, we cannot reject the null that superstars have no influence on the performances of highly ranked competitors.