Is Roger Federer more loss averse than Serena Williams?

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

Abstract

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.

Citation

Anbarci, N., Arin, K., Okten, C., & Zenker, C. (2016). Is Roger Federer more loss averse than Serena Williams?. Applied Economics, 49(35), 3546-3559. https://doi.org/10.1080/00036846.2016.1262527

• 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
• DOI: https://doi.org/10.1080/00036846.2016.1262527
• Public URL: https://durham-repository.worktribe.com/output/1351644