Why do professional athletes have different time preferences than non-athletes?

Alex Krumer, Tal Shavit and Mosi Rosenboim

Judgment and Decision Making, 2011, vol. 6, issue 6, 542-551

Abstract: The objective of this paper is to measure and compare the subjective time discounting of professional athletes and non-athletes. By using a questionnaire, we found higher subjective discounting for professional athletes than for non-athletes. We also found that the professional athletes’ win-orientation positively affected their present preferences. On the other hand, professional athletes’ play- orientation, which reflects their attitude towards the game itself, negatively affected their present preferences. No such effects were found in non-athletes. We argue that the “win-at-all-costs” competitive approach that leads athletes to sacrifice everything in order to win may cause (or reflect) their higher preference for the present.

Date: 2011
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Persistent link: https://EconPapers.repec.org/RePEc:cup:judgdm:v:6:y:2011:i:6:p:542-551_4

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