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- Advance Pricing (1)
- Behavior change (1)
- Capacity Constraints (1)
- Causal evidence (1)
- Consumer Heterogeneity (1)
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- Difference-in-differences (1)
- Emotional energy (1)
- Forward Pricing (1)
- Informational value (1)
- Inputs (1)
- Market Uncertainty (1)
- National Basketball Association (NBA) (1)
- Option Pricing (1)
- Performance enhancement (1)
- Performance improvement (1)
- Productivity (1)
- Regression discontinuity (1)
- Social prestige (1)
- Social value (1)
- Status shocks (1)
- Symbolic value (1)
- Tournament rituals (1)
Articles 1 - 2 of 2
Full-Text Articles in Sports Management
Pricing Under Uncertainty: Forward And Option Pricing In Sports Markets, Preethika Sainam, Sridhar Balasubramanian, Shantanu Bhattacharya, Lin L. Ong
Pricing Under Uncertainty: Forward And Option Pricing In Sports Markets, Preethika Sainam, Sridhar Balasubramanian, Shantanu Bhattacharya, Lin L. Ong
Research Collection Lee Kong Chian School Of Business
Tickets to popular elimination style tournaments (e.g., NFL Super Bowl) are expensive and scarce. Sports organizations sell these tickets well in advance of the final game. Fans hesitate to buy them because they are unsure about whether their favorite team will play in it. We present two alternatives to the current practice: consumer forwards and options. A fan pays a reserve price to secure her team-specific forward ticket. If that team makes it to the final game, the fan must (in the option case, has the choice to) pay an exercise price to purchase the ticket. If the team does …
On The Status Shocks Of Tournament Rituals: How Ritual Enactment Affects Productivity, Input Provision, And Performance, Massimo Maoret, Giacomo Marchesini, Gokhan Ertug
On The Status Shocks Of Tournament Rituals: How Ritual Enactment Affects Productivity, Input Provision, And Performance, Massimo Maoret, Giacomo Marchesini, Gokhan Ertug
Research Collection Lee Kong Chian School Of Business
We propose a novel process through which status shocks may enhance performance. Specifically, we theorize that when status shocks include a ritualistic conferment of social prestige – such as in the case of “tournament rituals” – participating in that ritual enactment may increase tournament winners’ productivity and improve the inputs they receive, thereby improving their overall performance. We also consider the duration of that performance improvement, finding a decay that is consistent with our theorized mechanisms that are based on emotional energy. Our study shows that status shocks carry not only informational value, as signals of quality, but also symbolic …