Further Field Evidence for Minimax Play

Thomas Dohmen and Hendrik Sonnabend

Journal of Sports Economics, 2018, vol. 19, issue 3, 371-388

Abstract: This article provides evidence for mixed strategy play in a natural setting, using data from penalty kicking in professional German soccer. A penalty kick is a two-person constant-sum game. We distinguish two strategies for both players, namely, choosing left or right and verify empirically that the two main requirements for the existence of a Nash equilibrium in mixed strategies are met: (1) the expected payoffs are equal across strategies and (2) we cannot reject the hypothesis that players choose their actions randomly.

Keywords: mixed strategy; minimax; Nash equilibrium (search for similar items in EconPapers)
Date: 2018
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Citations: View citations in EconPapers (2)

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Persistent link: https://EconPapers.repec.org/RePEc:sae:jospec:v:19:y:2018:i:3:p:371-388

DOI: 10.1177/1527002516656729

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