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Is Roger Federer more loss averse than Serena Williams?

Anbarci, Nejat, Arin, K. Peren, Okten, Cagla and Zenker, Christina 2016, Is Roger Federer more loss averse than Serena Williams?, Applied economics, Latest Articles, pp. 1-14, doi: 10.1080/00036846.2016.1262527.

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Title Is Roger Federer more loss averse than Serena Williams?
Author(s) Anbarci, Nejat
Arin, K. Peren
Okten, Cagla
Zenker, Christina
Journal name Applied economics
Season Latest Articles
Start page 1
End page 14
Total pages 14
Publisher Routledge
Place of publication London, Eng.
Publication date 2016
ISSN 0003-6846
1466-4283
Summary 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.
Language eng
DOI 10.1080/00036846.2016.1262527
Field of Research 140299 Applied Economics not elsewhere classified
1402 Applied Economics
1502 Banking, Finance And Investment
1117 Public Health And Health Services
Socio Economic Objective 910209 Preference
HERDC Research category C1 Refereed article in a scholarly journal
ERA Research output type C Journal article
Copyright notice ©2016, Informa
Persistent URL http://hdl.handle.net/10536/DRO/DU:30090401

Document type: Journal Article
Collection: Department of Economics
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