The Influence of Ability, Rank, and Gender on Risk-Taking in Contests: Evidence from the Ski World Cup

Eberhard Feess (), Peter J. Jost and Helge Müller

Journal of Institutional and Theoretical Economics (JITE), 2016, vol. 172, issue 4, 573-614

Abstract: Based on a model for a sequential contest with heterogeneous participants, we investigate the influence of ability, rank, and gender on risk-taking behavior in the Ski World Cup. Risk-taking is defined as the dropout probability. In line with our theory, low-ability contestants take higher risk in the first race, while risk-taking in the second race increases in the rank after the first race. Supporting the general literature on gender-specific risk-taking, the dropout probability of females is lower in both races.

JEL-codes: D81 J16 J33 L83 (search for similar items in EconPapers)
Date: 2016
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Citations: View citations in EconPapers (2)

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DOI: 10.1628/093245616X14636566542169

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