Interim performance information and risk taking in a tournament—Field evidence from professional basketball
Wen‐Jhan Jane
Scottish Journal of Political Economy, 2024, vol. 71, issue 2, 145-174
Abstract:
This paper examines whether the shooting decisions under the leading (/lagging) condition moderate (/stimulate) risk taking. Using the task of field goal attempts in basketball competitions involving National Basketball Association regular season and playoff games, I find strong evidence of a significantly causal effect of interim performance information (IPI) on the probability of a risky shooting. Our results support the leading, lagging, and nothing‐to‐lose effects on individual risk taking under different conditions of time and score proximation in high‐stakes dynamic competitions when performing skill‐based tasks. Furthermore, the IPI effects are found to differ between Covid and non‐Covid periods.
Date: 2024
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https://doi.org/10.1111/sjpe.12359
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Persistent link: https://EconPapers.repec.org/RePEc:bla:scotjp:v:71:y:2024:i:2:p:145-174
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