Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/20615 
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dc.contributor.authorLee, Jungminen
dc.date.accessioned2009-01-28T16:15:25Z-
dc.date.available2009-01-28T16:15:25Z-
dc.date.issued2004-
dc.identifier.urihttp://hdl.handle.net/10419/20615-
dc.description.abstractThis study examines whether people optimally respond to prize incentives for risk taking intournaments. 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 takingdepending on the incentives implied by the prize structure they face. I find that they are moresensitive to losses than to gains.en
dc.language.isoengen
dc.publisher|aInstitute for the Study of Labor (IZA) |cBonnen
dc.relation.ispartofseries|aIZA Discussion Papers |x1345en
dc.subject.jelM5en
dc.subject.jelD8en
dc.subject.ddc330en
dc.subject.keywordrisken
dc.subject.keywordtournamenten
dc.subject.keywordpokeren
dc.subject.stwRisikopräferenzen
dc.subject.stwGlücksspielen
dc.subject.stwWettbewerben
dc.subject.stwPreisen
dc.subject.stwÖkonomischer Anreizen
dc.subject.stwExperimenten
dc.titlePrize and Risk-Taking Strategy in Tournaments : Evidence from Professional Poker Players-
dc.typeWorking Paperen
dc.identifier.ppn474407659en
dc.rightshttp://www.econstor.eu/dspace/Nutzungsbedingungenen

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