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Forschungsinstitut zur Zukunft der Arbeit (IZA), Bonn >
IZA Discussion Papers, Forschungsinstitut zur Zukunft der Arbeit (IZA) >
Please use this identifier to cite or link to this item:
http://hdl.handle.net/10419/20615
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Full metadata record
| DC Field | | Value | | Language |
| dc.contributor.author | | Lee, Jungmin | | en_US |
| dc.date.accessioned | | 2009-01-28T16:15:25Z | | - |
| dc.date.available | | 2009-01-28T16:15:25Z | | - |
| dc.date.issued | | 2004 | | en_US |
| dc.identifier.uri | | http://hdl.handle.net/10419/20615 | | - |
| dc.description.abstract | | This study examines whether people optimally respond to prize incentives for risk taking in tournaments. I exploit the television game show World Poker Tour as a natural experiment. The results show that professional players strategically choose the degree of risk taking depending on the incentives implied by the prize structure they face. I find that they are more sensitive to losses than to gains. | | en_US |
| dc.language.iso | | eng | | en_US |
| dc.publisher | | | | en_US |
| dc.relation.ispartofseries | | IZA Discussion paper series 1345 | | en_US |
| dc.subject.jel | | M5 | | en_US |
| dc.subject.jel | | D8 | | en_US |
| dc.subject.ddc | | 330 | | en_US |
| dc.subject.keyword | | risk | | en_US |
| dc.subject.keyword | | tournament | | en_US |
| dc.subject.keyword | | poker | | en_US |
| dc.subject.stw | | Risikopräferenz | | en_US |
| dc.subject.stw | | Glücksspiel | | en_US |
| dc.subject.stw | | Wettbewerb | | en_US |
| dc.subject.stw | | Preis | | en_US |
| dc.subject.stw | | Ökonomischer Anreiz | | en_US |
| dc.subject.stw | | Experiment | | en_US |
| dc.title | | Prize and Risk-Taking Strategy in Tournaments : Evidence from Professional Poker Players | | en_US |
| dc.type | | Working Paper | | en_US |
| dc.identifier.ppn | | 474407659 | | en_US |
| dc.rights | | http://www.econstor.eu/dspace/Nutzungsbedingungen | | - |
| Appears in Collections: | | IZA Discussion Papers, Forschungsinstitut zur Zukunft der Arbeit (IZA)
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