The Impact of Psychological Traits on Performance Under Pressure—Experimental Evidence of Handball Penalties

2021 ◽  
pp. 152700252110271
Author(s):  
Christoph Bühren ◽  
Lisa Träger

Our field experiment analyzes the influence of psychological traits on performance in sequential games. It uses handball penalties thrown under individual, team, or tournament incentives in the ABBA sequence. Considering the single moves of these games, player A and player B are taking turns in being the first-mover. We find no significant first-mover advantage. However, we observe that player A performs better than player B under tournament incentives and if he or she is confident enough.

2007 ◽  
Vol 11 (4) ◽  
pp. 97-104
Author(s):  
Ronald M. Rivas

This study tests the impact of corporate venturing (CV) forms on the sustainability of pioneering advantage. Using the Miles and Covin 2002 classification of CV forms, this study shows that performance of early entrants is twice as much higher than performance of lagers. However, the effect of parent support prior to entry is substantially larger than the pioneering effect. Companies entering a market via direct external CV perform twenty five to fifteen times better than companies entering via direct internal CV. Hence, the sustainability of first mover advantage is challenged in the face of new entrants with superior resources.


Author(s):  
Andrea Morone ◽  
Rocco Caferra ◽  
Alessia Casamassima ◽  
Alessandro Cascavilla ◽  
Paola Tiranzoni

AbstractThis work aims to identify and quantify the biases behind the anomalous behavior of people when they deal with the Three Doors dilemma, which is a really simple but counterintuitive game. Carrying out an artefactual field experiment and proposing eight different treatments to isolate the anomalies, we provide new interesting experimental evidence on the reasons why subjects fail to take the optimal decision. According to the experimental results, we are able to quantify the size and the impact of three main biases that explain the anomalous behavior of participants: Bayesian updating, illusion of control and status quo bias.


2021 ◽  
Author(s):  
Elise Huillery ◽  
Adrien Bouguen ◽  
Axelle Charpentier ◽  
Yann Algan ◽  
Coralie Chevallier

This article provides experimental evidence of the impact of a four-year inter-vention aimed at developing students’ growth mindset and internal locus ofcontrol in disadvantaged middle schools. We find a 0.07 standard deviationincrease in GPA, associated with a change in students’ mindset, improved be-havior as reported by teachers and school registers, and higher educational andprofessional aspirations. International empirical benchmarks reveal that theintervention is at least ten times more cost-effective than the typical educa-tional intervention. However, while reducing between-school inequality whentargeted to disadvantaged schools, the program benefits less to more fragilestudents, therefore increasing within-school inequality.


2000 ◽  
Vol 51 (6) ◽  
pp. 721 ◽  
Author(s):  
C. L. Davies ◽  
D. W. Turner ◽  
M. Dracup

This study determined whether the tolerance of yellow lupin to waterlogging, observed in experiments in controlled environments, occurs under field conditions. Of particular interest is the impact of waterlogging on the distribution of roots because lupin is exposed to terminal drought in the south of Western Australia, which in itself can have a profound effect on yield. A field experiment was undertaken in the central grain-growing region of Western Australia near Beverley using hydraulically isolated plots to impose and remove waterlogging in a duplex soil. The responses of root and shoot growth of narrow-leafed and yellow lupin to waterlogging in the field were similar to those observed in the controlled environment experiments. In the field experiment, waterlogging had no effect on seed yield of yellow lupin but reduced it by 61% in narrow-leafed lupin. Waterlogging more than halved the dry weight of narrow-leafed lupin but reduced it by only 19% in yellow lupin. In yellow lupin, yield was 3.4 t/ha with waterlogging and 3.8 t/ha without waterlogging, compared with 1.4 t/ha with waterlogging and 3.5 t/ha without waterlogging in narrow-leafed lupin. Waterlogging had no effect on the harvest index of yellow lupin (0.26) but reduced it from 0.36 to 0.31 in narrow-leafed lupin. The larger effect of waterlogging on the yield of narrow-leafed lupin was mainly attributable to fewer pods. Net root growth ceased during waterlogging in both species. After waterlogging, roots of yellow lupin grew at a similar rate to the controls, whereas roots of narrow-leafed lupin grew at a much slower rate than the controls. Waterlogging halved the root density of yellow lupin at 25 cm depth and almost eliminated the roots of narrow-leafed lupin at this depth. After waterlogging, root production in the surface 10 cm increased to about 0.5 cm/cm 3 in yellow lupin but to 0.2 cm/cm 3 in narrow-leafed lupin. At depth (>20 cm), roots of waterlogged yellow lupin continued to grow while those of waterlogged narrow-leafed lupin grew little, if at all. Yellow lupin tolerated waterlogging in the field better than narrow-leafed lupin because it re-established its root system at depth after waterlogging was removed and it produced more fertile pods.


2017 ◽  
Vol 21 (04) ◽  
pp. 1750040
Author(s):  
KIM WANG

It is widely accepted that the first firm to deploy the latest technology will enjoy monopoly profits. However, research shows that the first mover advantage is quickly eroded by late movers. Technology deployments by late movers remain largely under-explored. This study explores the impact of the technological and market capabilities of late movers on their deployment timing, and how this impact is moderated by the pace of frontier advancement. We find a positive association between a firm’s capabilities and the earliness of its deployment timing. A faster pace of frontier advancement exacerbates the impact of a firm’s capabilities on technology deployment timing. We draw empirical evidence from the thin film transistor-liquid crystal display (TFT-LCD) industry between 1995 and 2010. This paper contributes to the technology management literature by developing a deeper understanding of the trade-offs involved in the timing of technology deployments.


Author(s):  
Paolo Crosetto ◽  
Anne Lacroix ◽  
Laurent Muller ◽  
Bernard Ruffieux

AbstractAn incentivised laboratory framed field experiment with 691 subjects examined the impact of five front-of-pack labels (Multiple Traffic Lights; Reference Intakes; HealthStarRating; NutriScore and Système d’Etiquetage Nutritionnel Simplifié) on food shopping within a catalogue of 290 products. Using difference-in-difference, we estimate the between-label variability of within-subject changes in the shopping’s Food and Standards Agency aggregated nutritional score. All labels improve the nutritional quality (−1.56 FSA points on average). NutriScore is the most effective (−2.65), followed by HealthStarRating (−1.86). Behaviourally, subjects react mostly to the extreme values of the labels and not to intermediate values. Nutritional gains are not correlated with higher expenditure.


2014 ◽  
Vol 8 (3) ◽  
pp. 193-208
Author(s):  
Bradley J. Koch

Purpose – The purpose of this paper is to analyze the first-mover decision as one decision of a set of strategic decisions that ultimately determine performance. Design/methodology/approach – The author used survey data collected from foreign-invested firms in Sichuan, China, to test for evidence that first-movers perform better than late-movers. Findings – The results reveal that there is a first-mover advantage when the other strategic variables are not included in the model. When the entire set of strategic variables is included, however, the first mover variable loses its significance and the willingness of the foreign partner to commit additional resources becomes the best predictor of performance. Consequently, it was argued that foreign investment strategies should be analyzed as a set of strategic decisions managers make to formulate the best mix. Originality/value – The empirical evidence for the first-mover advantage may not be as well grounded as many have thought. When the first-mover strategic decision is analyzed in isolation from other strategic variables, which is commonly done in many empirical studies, it indicates that firms that enter China before their competitors perform better. Unfortunately, it is more logical to assume that managers dynamically develop a set of strategic decisions that ultimately determine the firm’s performance. To extrapolate one static decision from the strategic decision set and make broad assertions about its effect of performance is an over-simplification of the strategic decision process.


2020 ◽  
Vol 66 (8) ◽  
pp. 3581-3602 ◽  
Author(s):  
Agostino Capponi ◽  
Paul Glasserman ◽  
Marko Weber

We develop a model of the feedback between mutual fund outflows and asset illiquidity. Following a market shock, alert investors anticipate the impact on a fund’s net asset value (NAV) of other investors’ redemptions and exit first at favorable prices. This first-mover advantage may lead to fund failure through a cycle of falling prices and increasing redemptions. Our analysis shows that (i) the first-mover advantage introduces a nonlinear dependence between a market shock and the aggregate impact of redemptions on the fund’s NAV; (ii) as a consequence, there is a critical magnitude of the shock beyond which redemptions brings down the fund; (iii) properly designed swing pricing transfers liquidation costs from the fund to redeeming investors and, by removing the nonlinearity stemming from the first-mover advantage, it reduces these costs and prevents fund failure. Achieving these objectives requires a larger swing factor at larger levels of outflows. The swing factor for one fund may also depend on policies followed by other funds. This paper was accepted by David Simchi-Levi, finance.


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