Expectations as Reference Points: Field Evidence from Professional Soccer
- Publikationstyp:
- Zeitschriftenaufsatz
- Metadaten:
-
- Autoren
- Bjoern Bartling
- Leif Brandes
- Daniel Schunk
- Autoren-URL
- https://www.webofscience.com/api/gateway?GWVersion=2&SrcApp=fis-test-1&SrcAuth=WosAPI&KeyUT=WOS:000364828700007&DestLinkType=FullRecord&DestApp=WOS_CPL
- DOI
- 10.1287/mnsc.2014.2048
- eISSN
- 1526-5501
- Externe Identifier
- Clarivate Analytics Document Solution ID: CW2NI
- ISSN
- 0025-1909
- Ausgabe der Veröffentlichung
- 11
- Zeitschrift
- MANAGEMENT SCIENCE
- Schlüsselwörter
- reference points
- expectations
- field data
- Paginierung
- 2646 - 2661
- Datum der Veröffentlichung
- 2015
- Status
- Published
- Titel
- Expectations as Reference Points: Field Evidence from Professional Soccer
- Sub types
- Article
- Ausgabe der Zeitschrift
- 61
Datenquelle: Web of Science (Lite)
- Andere Metadatenquellen:
-
- Abstract
- <jats:p> We show that professional soccer players and their coaches exhibit reference-dependent behavior during matches. Controlling for the state of the match and for unobserved heterogeneity, we show on a minute-by-minute basis that players breach the rules of the game, measured by the referee’s assignment of cards, significantly more often if their teams are behind the expected match outcome, measured by preplay betting odds of large professional bookmakers. We further show that coaches implement significantly more offensive substitutions if their teams are behind expectations. Both types of behaviors impair the expected ultimate match outcome of the team, which shows that our findings do not simply reflect fully rational responses to reference-dependent incentive schemes of favorite teams to falling behind. We derive these results in a data set that contains more than 8,200 matches from 12 seasons of the German Bundesliga and 12 seasons of the English Premier League. </jats:p><jats:p> This paper was accepted by Uri Gneezy, behavioral economics. </jats:p>
- Autoren
- Björn Bartling
- Leif Brandes
- Daniel Schunk
- DOI
- 10.1287/mnsc.2014.2048
- eISSN
- 1526-5501
- ISSN
- 0025-1909
- Ausgabe der Veröffentlichung
- 11
- Zeitschrift
- Management Science
- Sprache
- en
- Paginierung
- 2646 - 2661
- Datum der Veröffentlichung
- 2015
- Status
- Published
- Herausgeber
- Institute for Operations Research and the Management Sciences (INFORMS)
- Herausgeber URL
- http://dx.doi.org/10.1287/mnsc.2014.2048
- Datum der Datenerfassung
- 2023
- Titel
- Expectations as Reference Points: Field Evidence from Professional Soccer
- Ausgabe der Zeitschrift
- 61
Datenquelle: Crossref
- Autoren
- Björn Bartling
- Leif Brandes
- Daniel Schunk
- Zeitschrift
- Manag. Sci.
- Artikelnummer
- 11
- Paginierung
- 2646 - 2661
- Datum der Veröffentlichung
- 2015
- Titel
- Expectations as Reference Points: Field Evidence from Professional Soccer.
- Ausgabe der Zeitschrift
- 61
Datenquelle: DBLP
- Abstract
- We show that professional soccer players and their coaches exhibit reference-dependent behavior during matches. Controlling for the state of the match and for unobserved heterogeneity, we show on a minute-by-minute basis that players breach the rules of the game, measured by the referee’s assignment of cards, significantly more often if their teams are behind the expected match outcome, measured by preplay betting odds of large professional bookmakers. We further show that coaches implement significantly more offensive substitutions if their teams are behind expectations. Both types of behaviors impair the expected ultimate match outcome of the team, which shows that our findings do not simply reflect fully rational responses to reference-dependent incentive schemes of favorite teams to falling behind. We derive these results in a data set that contains more than 8,200 matches from 12 seasons of the German Bundesliga and 12 seasons of the English Premier League.<i>This paper was accepted by Uri Gneezy, behavioral economics.</i>
- Addresses
- Department of Economics, University of Zurich, 8006 Zurich, Switzerland
- Warwick Business School, University of Warwick, Coventry CV4 7AL, United Kingdom
- Department of Economics, University of Mainz, 55099 Mainz, Germany
- Autoren
- Björn Bartling
- Leif Brandes
- Daniel Schunk
- Ausgabe der Veröffentlichung
- 11
- Schlüsselwörter
- reference points
- expectations
- field data
- Paginierung
- 2646 - 2661
- Datum der Veröffentlichung
- 2015
- Titel
- Expectations as Reference Points: Field Evidence from Professional Soccer
- Ausgabe der Zeitschrift
- 61
Datenquelle: RePEc
- Beziehungen:
- Eigentum von