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Title:Potential, prizes and performance : testing tournament theory with professional tennis data PDF Logo
Authors:Sunde, Uwe
Issue Date:2003
Series/Report no.:IZA Discussion paper series 947
Abstract:This paper tests two hypotheses from the theory of elimination tournaments: (i) that uneven tournaments, where the contestants are ex ante heterogeneous, entail lower effort exertion; this is a prediction from agency theory that has not been tested empirically before; and (ii) whether incentives set through prizes matter for effort exertion; this assumption underlies any agency theory about elimination tournaments, and has been empirically tested in other contexts. The evidence obtained with data from professional tennis tournaments supports both the assumption that incentives matter, as well as the theoretical implications concerning uneven tournaments among heterogeneous contestants.
Subjects:elimination tournaments
uneven tournaments
incentives in tournaments
tennis
JEL:M12
J33
J41
Document Type:Working Paper
Appears in Collections:IZA Discussion Papers, Forschungsinstitut zur Zukunft der Arbeit (IZA)

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