Bitte verwenden Sie diesen Link, um diese Publikation zu zitieren, oder auf sie als Internetquelle zu verweisen: http://hdl.handle.net/10419/161378
Autor:innen: 
Babington, Michael
Goerg, Sebastian J.
Kitchens, Carl
Datum: 
2017
Schriftenreihe/Nr.: 
IZA Discussion Papers No. 10755
Verlag: 
Institute of Labor Economics (IZA), Bonn
Zusammenfassung: 
To test and replicate the superstar effect reported by Brown (2011) we empirically study contests where a single entrant has an endogenously higher probability of winning. Unlike the previous literature, we test for the presence of the superstar effect in several different contexts. Ultimately, we collect and explore data from four sources: men's and women's professional golf, and men's and women's professional alpine skiing. Our baseline study of men's professional golf serves as a replication of Brown's (2011) study. Empirically, we find little robust evidence of the superstar effect in any of our datasets. In our replication exercise, we approximate the findings of Brown (2011), however, we cannot reject the null that the presence of a superstar has no impact on high ranked competitors. In our other settings, we cannot reject the null that superstars have no influence on the performances of highly ranked competitors.
Schlagwörter: 
superstar
tournaments
incentives
JEL: 
C2
J3
M52
D03
Dokumentart: 
Working Paper

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