Economics at your fingertips  

Peer effects in marathon racing: The role of pace setters

Jamie Emerson and Brian Hill ()

Labour Economics, 2018, vol. 52, issue C, 74-82

Abstract: Marathon races are rank-order tournaments with prizes determined primarily by relative performance. As a result, peer performance is an important determinant of an individual's performance. Peer effects have been extensively studied in a variety of settings, with much of the research concerned with finding a measure of peer performance that is exogenous. We focus our research on marathon races with pace setters as their presence allows for us to identify exogenous peer effects by identifying variation in peer performance and ability that is exogenous. Using data on elite male runners from 2009 to 2014 marathons in Berlin, Chicago, and London, we find the presence of negative exogenous peer effects and this result is robust to a number of peer performance variables. We attribute our result to the self-sorting of runners by ability and the subsequent invidious comparison that occurs in marathons with pace setters.

Keywords: Peer effects; Strategic interaction; Elite competition (search for similar items in EconPapers)
JEL-codes: J44 L83 (search for similar items in EconPapers)
Date: 2018
References: View references in EconPapers View complete reference list from CitEc
Citations: Track citations by RSS feed

Downloads: (external link)
Full text for ScienceDirect subscribers only

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link:

DOI: 10.1016/j.labeco.2018.03.008

Access Statistics for this article

Labour Economics is currently edited by A. Ichino

More articles in Labour Economics from Elsevier
Bibliographic data for series maintained by Haili He ().

Page updated 2020-09-09
Handle: RePEc:eee:labeco:v:52:y:2018:i:c:p:74-82