Nothing Special   »   [go: up one dir, main page]
IDEAS home Printed from https://ideas.repec.org/p/usi/labsit/044.html
   My bibliography  Save this paper

Is There Psychological Pressure in Competitive Environments?

Author

Listed:
  • Francesco Feri
  • Alessandro Innocenti
  • Paolo Pin
Abstract
This paper provides laboratory evidence on the effect of psychological pressure in competitive environments. In our experiment, we analyze a setup of sequential tournaments, in which participants are matched in pairs and experience a kind of pressure that, as in most real world professional tasks, is not perceived as uncommon or exceptional. We do not find support for the first-mover advantage, while we obtain that second-movers perform significantly better under psychological pressure. Moreover we find that psychological pressure affects heterogeneously the performance of the subjects.

Suggested Citation

  • Francesco Feri & Alessandro Innocenti & Paolo Pin, 2012. "Is There Psychological Pressure in Competitive Environments?," Labsi Experimental Economics Laboratory University of Siena 044, University of Siena.
    • Handle: RePEc:usi:labsit:044
    as

    Download full text from publisher

    File URL: http://www.labsi.org/wp/labsi44.pdf
    Download Restriction: no
    ---><---

    Other versions of this item:

    References listed on IDEAS

    as
    1. Jose Apesteguia & Ignacio Palacios-Huerta, 2010. "Psychological Pressure in Competitive Environments: Evidence from a Randomized Natural Experiment," American Economic Review, American Economic Association, vol. 100(5), pages 2548-2564, December.
    2. Canice Prendergast, 1999. "The Provision of Incentives in Firms," Journal of Economic Literature, American Economic Association, vol. 37(1), pages 7-63, March.
    3. Dohmen, Thomas J., 2008. "Do professionals choke under pressure?," Journal of Economic Behavior & Organization, Elsevier, vol. 65(3-4), pages 636-653, March.
    4. Bar-Eli, Michael & Azar, Ofer H. & Ritov, Ilana & Keidar-Levin, Yael & Schein, Galit, 2007. "Action bias among elite soccer goalkeepers: The case of penalty kicks," Journal of Economic Psychology, Elsevier, vol. 28(5), pages 606-621, October.
    5. David Gill & Victoria Prowse, 2012. "A Structural Analysis of Disappointment Aversion in a Real Effort Competition," American Economic Review, American Economic Association, vol. 102(1), pages 469-503, February.
    6. González-Díaz, Julio & Gossner, Olivier & Rogers, Brian W., 2012. "Performing best when it matters most: Evidence from professional tennis," Journal of Economic Behavior & Organization, Elsevier, vol. 84(3), pages 767-781.
    7. Martin G. Kocher & Marc V. Lenz & Matthias Sutter, 2012. "Psychological Pressure in Competitive Environments: New Evidence from Randomized Natural Experiments," Management Science, INFORMS, vol. 58(8), pages 1585-1591, August.
    8. Charness, Gary & Kuhn, Peter, 2011. "Lab Labor: What Can Labor Economists Learn from the Lab?," Handbook of Labor Economics, in: O. Ashenfelter & D. Card (ed.), Handbook of Labor Economics, edition 1, volume 4, chapter 3, pages 229-330, Elsevier.
    9. repec:hal:pseose:hal-00812984 is not listed on IDEAS
    10. Francesco Feri & Alessandro Innocenti & Paolo Pin, 2011. "Psychological Pressure in Competitive Environments: Evidence from A Randomized Natural Experiment: Comment," Working Papers 2011-03, Faculty of Economics and Statistics, Universität Innsbruck.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Florian Lindner, 2017. "Choking under pressure of top performers: Evidence from biathlon competitions," Working Papers 2017-24, Faculty of Economics and Statistics, Universität Innsbruck.
    2. Morgulev, Elia & Azar, Ofer H. & Galily, Yair & Bar-Eli, Michael, 2020. "The role of initial success in competition: An analysis of early lead effects in NBA overtimes," Journal of Behavioral and Experimental Economics (formerly The Journal of Socio-Economics), Elsevier, vol. 89(C).
    3. Bühren, Christoph & Steinberg, Philip J., 2019. "The impact of psychological traits on performance in sequential tournaments: Evidence from a tennis field experiment," Journal of Economic Psychology, Elsevier, vol. 72(C), pages 12-29.
    4. Alex Krumer & Reut Megidish & Aner Sela, 2017. "First-mover advantage in round-robin tournaments," Social Choice and Welfare, Springer;The Society for Social Choice and Welfare, vol. 48(3), pages 633-658, March.
    5. Colella, F. & Dalton, Patricio & Giusti, G., 2021. "All you Need is Love : The Effect of Moral Support on Performance (Revision of CentER DP 2018-026)," Discussion Paper 2021-005, Tilburg University, Center for Economic Research.
    6. Kassis, Mark & Schmidt, Sascha L. & Schreyer, Dominik & Sutter, Matthias, 2021. "Psychological pressure and the right to determine the moves in dynamic tournaments – evidence from a natural field experiment," Games and Economic Behavior, Elsevier, vol. 126(C), pages 278-287.
    7. Graff, Frederik & Grund, Christian & Harbring, Christine, 2021. "Competing on the Holodeck - The effect of virtual peers and heterogeneity in dynamic tournaments," Journal of Behavioral and Experimental Economics (formerly The Journal of Socio-Economics), Elsevier, vol. 90(C).
    8. Colella, Fabrizio & Dalton, Patricio & Giusti, G., 2018. "You'll Never Walk Alone : The Effect of Moral Support on Performance," Other publications TiSEM 1dac53ca-9483-48f5-84b0-0, Tilburg University, School of Economics and Management.
    9. Marius Ötting & Christian Deutscher & Sandra Schneemann & Roland Langrock & Sebastian Gehrmann & Hendrik Scholten, 2020. "Performance under pressure in skill tasks: An analysis of professional darts," PLOS ONE, Public Library of Science, vol. 15(2), pages 1-21, February.
    10. Arrondel, Luc & Duhautois, Richard & Laslier, Jean-François, 2019. "Decision under psychological pressure: The shooter's anxiety at the penalty kick," Journal of Economic Psychology, Elsevier, vol. 70(C), pages 22-35.
    11. De Paola, Maria & Scoppa, Vincenzo, 2015. "Gender Differences in Reaction to Psychological Pressure: Evidence from Tennis Players," IZA Discussion Papers 9315, Institute of Labor Economics (IZA).
    12. Gueorgui I. Kolev & Gonçalo Pina & Federico Todeschini, 2015. "Decision Making and Underperformance in Competitive Environments: Evidence from the National Hockey League," Kyklos, Wiley Blackwell, vol. 68(1), pages 65-80, February.
    13. Fabrizio Colella & Patricio S. Dalton & Giovanni Giusti, 2024. "Moral Support and Performance," Management Science, INFORMS, vol. 70(7), pages 4614-4628, July.
    14. Christoph Bühren & Philip J. Steinberg, 2017. "The impact of psychological traits on performance in sequential tournaments: Evidence from a tennis field experiment," MAGKS Papers on Economics 201705, Philipps-Universität Marburg, Faculty of Business Administration and Economics, Department of Economics (Volkswirtschaftliche Abteilung).
    15. Brady, Ryan R. & Insler, Michael A., 2019. "Order of play advantage in sequential tournaments: Evidence from randomized settings in professional golf," Journal of Behavioral and Experimental Economics (formerly The Journal of Socio-Economics), Elsevier, vol. 79(C), pages 79-92.
    16. Bucciol, Alessandro & Castagnetti, Alessandro, 2020. "Choking under pressure in archery," Journal of Behavioral and Experimental Economics (formerly The Journal of Socio-Economics), Elsevier, vol. 89(C).
    17. Bühren, Christoph & Kadriu, Valon, 2020. "The fairness of long and short ABBA-sequences: A basketball free-throw field experiment," Journal of Behavioral and Experimental Economics (formerly The Journal of Socio-Economics), Elsevier, vol. 89(C).
    18. Feri, Francesco & Meléndez-Jiménez, Miguel A. & Ponti, Giovanni & Vega-Redondo, Fernando & Yu, Haihan, 2020. "Pooling or fooling? An experiment on signaling," Journal of Economic Behavior & Organization, Elsevier, vol. 176(C), pages 582-596.
    19. Christoph Buehren & Lisa Traeger, 2020. "The Impact of Psychological Pressure and Psychological Traits on Performance – Experimental Evidence of Penalties in Handball," MAGKS Papers on Economics 202043, Philipps-Universität Marburg, Faculty of Business Administration and Economics, Department of Economics (Volkswirtschaftliche Abteilung).
    20. repec:tiu:tiutis:17173d9d-6768-4748-a789-54dfc771bd85 is not listed on IDEAS

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Bar-Eli, Michael & Krumer, Alex & Morgulev, Elia, 2020. "Ask not what economics can do for sports - Ask what sports can do for economics," Journal of Behavioral and Experimental Economics (formerly The Journal of Socio-Economics), Elsevier, vol. 89(C).
    2. Krumer, Alex, 2020. "Pressure versus ability: Evidence from penalty shoot-outs between teams from different divisions," Journal of Behavioral and Experimental Economics (formerly The Journal of Socio-Economics), Elsevier, vol. 89(C).
    3. Ricardo Manuel Santos, 2023. "Effects of psychological pressure on first‐mover advantage in competitive environments: Evidence from penalty shootouts," Contemporary Economic Policy, Western Economic Association International, vol. 41(2), pages 354-369, April.
    4. Daniel Goller, 2023. "Analysing a built-in advantage in asymmetric darts contests using causal machine learning," Annals of Operations Research, Springer, vol. 325(1), pages 649-679, June.
    5. Nicolas Houy & Jean-Philippe Nicolaï & Marie Claire Villeval, 2020. "Always doing your best? Effort and performance in dynamic settings," Theory and Decision, Springer, vol. 89(3), pages 249-286, October.
    6. Florian Lindner, 2017. "Choking under pressure of top performers: Evidence from biathlon competitions," Working Papers 2017-24, Faculty of Economics and Statistics, Universität Innsbruck.
    7. Arrondel, Luc & Duhautois, Richard & Laslier, Jean-François, 2019. "Decision under psychological pressure: The shooter's anxiety at the penalty kick," Journal of Economic Psychology, Elsevier, vol. 70(C), pages 22-35.
    8. Viktor Bozhinov & Nora Grote, 2019. "Performance under Pressure on the Court: Evidence from Professional Volleyball," Working Papers 1901, Gutenberg School of Management and Economics, Johannes Gutenberg-Universität Mainz.
    9. Böheim, René & Grübl, Dominik & Lackner, Mario, 2019. "Choking under pressure – Evidence of the causal effect of audience size on performance," Journal of Economic Behavior & Organization, Elsevier, vol. 168(C), pages 76-93.
    10. Nicolas Houy & Jean-Philippe Nicolaï & Marie Claire Villeval, 2016. "Doing Your Best when Stakes are High? Theory and Experimental Evidence," Working Papers halshs-01277982, HAL.
    11. Hickman, Daniel C. & Metz, Neil E., 2015. "The impact of pressure on performance: Evidence from the PGA TOUR," Journal of Economic Behavior & Organization, Elsevier, vol. 116(C), pages 319-330.
    12. Susan Godlonton, 2020. "Employment Risk and Job-Seeker Performance," Journal of Human Resources, University of Wisconsin Press, vol. 55(1), pages 194-239.
    13. Mueller-Langer, Frank & Andreoli-Versbach, Patrick, 2013. "Leading-effect vs. Risk-taking in Dynamic Tournaments: Evidence from a Real-life Randomized Experiment," Discussion Papers in Economics 15452, University of Munich, Department of Economics.
    14. Brady, Ryan R. & Insler, Michael A., 2019. "Order of play advantage in sequential tournaments: Evidence from randomized settings in professional golf," Journal of Behavioral and Experimental Economics (formerly The Journal of Socio-Economics), Elsevier, vol. 79(C), pages 79-92.
    15. Marius Ötting & Christian Deutscher & Sandra Schneemann & Roland Langrock & Sebastian Gehrmann & Hendrik Scholten, 2020. "Performance under pressure in skill tasks: An analysis of professional darts," PLOS ONE, Public Library of Science, vol. 15(2), pages 1-21, February.
    16. Fu, Qiang & Ke, Changxia & Tan, Fangfang, 2015. "“Success breeds success” or “Pride goes before a fall”?," Games and Economic Behavior, Elsevier, vol. 94(C), pages 57-79.
    17. Bühren, Christoph & Steinberg, Philip J., 2019. "The impact of psychological traits on performance in sequential tournaments: Evidence from a tennis field experiment," Journal of Economic Psychology, Elsevier, vol. 72(C), pages 12-29.
    18. Christoph Buehren & Lisa Traeger, 2020. "The Impact of Psychological Pressure and Psychological Traits on Performance – Experimental Evidence of Penalties in Handball," MAGKS Papers on Economics 202043, Philipps-Universität Marburg, Faculty of Business Administration and Economics, Department of Economics (Volkswirtschaftliche Abteilung).
    19. Tom P. Vandebroek & Brian T. McCann & Govert Vroom, 2018. "Modeling the Effects of Psychological Pressure on First-Mover Advantage in Competitive Interactions," Journal of Sports Economics, , vol. 19(5), pages 725-754, June.
    20. Emmanuel Dechenaux & Dan Kovenock & Roman Sheremeta, 2015. "A survey of experimental research on contests, all-pay auctions and tournaments," Experimental Economics, Springer;Economic Science Association, vol. 18(4), pages 609-669, December.

    More about this item

    Keywords

    sequential tournaments; experiment; psychological pressure; competitive environments; first-mover advantage.;
    All these keywords.

    JEL classification:

    • D01 - Microeconomics - - General - - - Microeconomic Behavior: Underlying Principles
    • D81 - Microeconomics - - Information, Knowledge, and Uncertainty - - - Criteria for Decision-Making under Risk and Uncertainty
    • C93 - Mathematical and Quantitative Methods - - Design of Experiments - - - Field Experiments

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:usi:labsit:044. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Alessandro Innocenti (email available below). General contact details of provider: https://edirc.repec.org/data/lasieit.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.