Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/22912 
Year of Publication: 
2005
Series/Report no.: 
Bonn Econ Discussion Papers No. 6/2005
Publisher: 
University of Bonn, Bonn Graduate School of Economics (BGSE), Bonn
Abstract: 
Individuals faced by a tournament can oftentimes not only choose their effort level, but also the risk level of their strategy. There are some theoretical contributions on risk taking in tournaments, which mainly point out disadvantages with respect to exerted effort. Empirical evidence is rare. In this paper we analyze risk taking behavior of professional soccer coaches. We find that risk taking concerning the kind of observed substitutions is, indeed, relevant. However, risk taking does not pay off.
Document Type: 
Working Paper

Files in This Item:
File
Size
243.68 kB





Items in EconStor are protected by copyright, with all rights reserved, unless otherwise indicated.