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Full-Text Articles in Behavioral Economics
Gender In Jeopardy!: The Role Of Opponent Gender In High-Stakes Competition, Michael Jetter, Jay K. Walker
Gender In Jeopardy!: The Role Of Opponent Gender In High-Stakes Competition, Michael Jetter, Jay K. Walker
Economics Faculty Publications
Using 4,279 episodes of the popular US game show Jeopardy!, we analyze whether the opponents' gender is able to explain the gender gap in competitive behavior. Our findings indicate that gender differences disappear when women compete against men. This result is surprising, but emerges with remarkable consistency for the probability to (i) respond, (ii) respond correctly, and (iii) respond correctly in high-stakes situations. Even risk preferences in wagering decisions, where gender differences are especially pronounced, do not differ across gender once a woman competes against males. Using a fixed-effects framework, and therefore exploiting within-player …
Gender And Competitive Preferences: The Role Of Competition Size, Kathrin J. Hanek, Stephen M. Garcia, Avishalom Tor
Gender And Competitive Preferences: The Role Of Competition Size, Kathrin J. Hanek, Stephen M. Garcia, Avishalom Tor
Journal Articles
In a series of 8 studies, we examine whether gender differences in competition entry preferences are moderated by the size of the competition. Drawing on theories of gender roles and stereotypes, we show that women, relative to men, prefer to enter smaller compared with larger competitions. Studies 1a and 1b demonstrate this effect in observational data on preferences for working in differently-sized firms and applying to differently-sized colleges. Studies 2a and 2b replicate the effect with real behavioral decisions in different domains. We also find empirical evidence that prescriptive gender norms and stereotypes underlie this effect. In Study 3, we …
Game, Set, And Match: Do Women And Men Perform Differently In Competitive Situations?, Michael Jetter, Jay K. Walker
Game, Set, And Match: Do Women And Men Perform Differently In Competitive Situations?, Michael Jetter, Jay K. Walker
Economics Faculty Publications
This paper analyzes potential gender differences in competitive environments using a sample of over 100,000 professional tennis matches. We focus on two phenomena of the labor and sports economics literature: the hot-hand and clutch-player effects. First, we find strong evidence for the hot-hand (cold-hand) effect. Every additional win in the most recent ten Tour matches raises the likelihood of prevailing in the current encounter by 3.1 (males) to 3.3 percentage points (females). Second, top male and female players are excelling in Grand Slam tournaments, arguably the most important events in tennis. For men, we also find evidence for top players …
Cnh: Fine-Scale Dynamics Of Human Adaptation In Coupled Natural And Social Systems: An Integrated Computational Approach Applied To Three Fisheries, James A. Wilson, James Acheson, Robert Steneck, Yong Chen, Teresa R. Johnson
Cnh: Fine-Scale Dynamics Of Human Adaptation In Coupled Natural And Social Systems: An Integrated Computational Approach Applied To Three Fisheries, James A. Wilson, James Acheson, Robert Steneck, Yong Chen, Teresa R. Johnson
University of Maine Office of Research Administration: Grant Reports
The purpose of this project is to gain a better understanding of the way competition between individual fishermen lead to the emergence of private incentives and informal social arrangements that are (or are not) consistent with conservation of the resource. These informal arrangements and incentives are important because they help us understand the extent to which private interests might strengthen or weaken on-going resource management and, consequently, the sustainability of coupled human and natural systems. The broad hypothesis driving the study is that the informal social structure that emerges from competitive interactions among fishermen reflects the particular circumstances of the …
Does Market Competition Lead To Customization?, Wen-Tai Hsu, Yi Lu, Travis Ng
Does Market Competition Lead To Customization?, Wen-Tai Hsu, Yi Lu, Travis Ng
Research Collection School Of Economics
This paper proposes a theory of competition and customization. When firms allocate their production to both custom-made and standardized products, the fraction of sales from the former will increase in the face of increased competition. Recent surveys conducted by the World Bank on Chinese firms provide a rare direct measure of customization that allows us to test the above-mentioned prediction. We find empirical results consistent with the prediction.
Multi-Player Bargaining With Endogenous Capacity, Gabriele Camera, Cemil Selcuk
Multi-Player Bargaining With Endogenous Capacity, Gabriele Camera, Cemil Selcuk
Economics Faculty Articles and Research
We study equilibrium prices and trade volume in a market with several identical buyers and a seller who commits to an inventory and then offers goods sequentially. Prices are determined by a strategic costly bargaining process with a random sequence of proponents. A unique subgame perfect equilibrium exists, characterized by no costly delays and heterogeneous sale prices. In equilibrium constraining capacity is a bargaining tactic the seller uses to improve a weak bargaining position. With capacity constraints, sale prices approach the outcome of an auction as bargaining costs vanish. The framework provides a building block for price formation in models …
The N-Effect More Competitors, Less Competition, Stephen M. Garcia, Avishalom Tor
The N-Effect More Competitors, Less Competition, Stephen M. Garcia, Avishalom Tor
Journal Articles
This article introduces the N-effect—the discovery that increasing the number of competitors (N) can decrease competitive motivation. Studies 1a and 1b found evidence that average test scores (e.g., SAT scores) fall as the average number of test takers at test-taking venues increases. Study 2 found that individuals trying to finish an easy quiz among the top 20% in terms of speed finished significantly faster if they believed they were competing in a pool of 10 rather than 100 other people. Study 3 showed that the N-effect is strong among individuals high in social-comparison orientation and weak among those low in …