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Sentiment and bias in performance evaluation by impartial arbitrators

Liam Lenten (), Paul Crosby and Jordi Mckenzie ()

Economic Modelling, 2019, vol. 76, issue C, 128-134

Abstract: This study investigates whether relative performance evaluations of labor output are biased in the presence of sentiment, even when the (supposedly independent) evaluators are external. Data from a field-experiment setting—involving a pro-sport League's best-player award—allows for empirical testing of this proposition. After controlling for within-match performance, the results show that the match officials provide significantly better evaluations to players celebrating a ‘milestone’ game—an occasion on which sentimental favorites exist. However, this sentiment bias holds only in certain cases, and appears to have weakened in more recent years.

Keywords: Evaluation; Labor; Modeling; Sport (search for similar items in EconPapers)
JEL-codes: C21 M59 Z22 (search for similar items in EconPapers)
Date: 2019
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