Skip to main content

Research Repository

Advanced Search

Is Roger Federer more loss averse than Serena Williams?

Anbarci, N.; Arin, K.P.; Okten, C.; Zenker, C.

Is Roger Federer more loss averse than Serena Williams? Thumbnail


K.P. Arin

C. Okten

C. Zenker


Using data from the high-stakes 2013 Dubai professional tennis tournament, we find that, compared with a tied score, (i) male players have a higher serve speed and thus exhibit more effort when behind in score, and their serve speeds get less sensitive to losses or gains when score difference gets too large, and (ii) female players do not change their serve speed when behind, while serving slower when ahead. Thus, male players comply more with Prospect Theory exhibiting more loss aversion and reflection effect. Our results are robust to controlling for player fixed effects and characteristics with player random effects.

Journal Article Type Article
Online Publication Date Dec 9, 2016
Publication Date Dec 9, 2016
Deposit Date Aug 16, 2018
Publicly Available Date Aug 29, 2018
Journal Applied Economics
Print ISSN 0003-6846
Electronic ISSN 1466-4283
Publisher Taylor and Francis Group
Peer Reviewed Peer Reviewed
Volume 49
Issue 35
Pages 3546-3559
Public URL


You might also like

Downloadable Citations