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dc.contributor.authorGrund, Christianen_US
dc.contributor.authorHöcker, Janen_US
dc.contributor.authorZimmermann, Stefanen_US
dc.date.accessioned2010-08-11T09:04:42Z-
dc.date.available2010-08-11T09:04:42Z-
dc.date.issued2010en_US
dc.identifier.urihttp://hdl.handle.net/10419/37372-
dc.description.abstractWe empirically explore the relevance of risk taking behavior in tournaments. We make use of data from the NBA season 2007/2008 and measure risk taking by the fraction of three-point shots. Current heterogeneity of teams is taken into account by intermediate results. It turns out that indeed teams who are behind increase the risk in terms of more three-point attempts. We additionally analyze the consequences of this change in behavior. Enhanced risk taking is inefficient for the vast majority of cases and only beneficial in terms of a higher winning probability if a team is behind with a rather large amount of points. We discuss possible explanations for these decision errors.en_US
dc.language.isoengen_US
dc.publisherVerein für Socialpolitik Frankfurt a. M.en_US
dc.relation.ispartofseriesBeiträge zur Jahrestagung des Vereins für Socialpolitik 2010: Ökonomie der Familie - Session: Formation and Performance of Teams F12-V4en_US
dc.subject.jelM50en_US
dc.subject.jelM52en_US
dc.subject.jelM12en_US
dc.subject.ddc330en_US
dc.subject.keywordBasketballen_US
dc.subject.keywordNBAen_US
dc.subject.keywordRisk takingen_US
dc.subject.keywordTournamentsen_US
dc.titleRisk Taking Behavior in Tournaments - Evidence from the NBAen_US
dc.typeConference Paperen_US
dc.identifier.ppn654915776-
dc.rightshttp://www.econstor.eu/dspace/Nutzungsbedingungen-
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