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http://dspace.mediu.edu.my:8181/xmlui/handle/10419/20615| Title: | Prize and Risk-Taking Strategy in Tournaments : Evidence from Professional Poker Players |
| Keywords: | M5 D8 ddc:330 risk tournament poker Risikopräferenz Glücksspiel Wettbewerb Preis Ökonomischer Anreiz Experiment |
| Issue Date: | 16-Oct-2013 |
| Publisher: | |
| Description: | This study examines whether people optimally respond to prize incentives for risk taking in tournaments. I exploit the television game show World Poker Tour as a natural experiment. The results show that professional players strategically choose the degree of risk taking depending on the incentives implied by the prize structure they face. I find that they are more sensitive to losses than to gains. |
| URI: | http://koha.mediu.edu.my:8181/xmlui/handle/10419/20615 |
| Other Identifiers: | http://hdl.handle.net/10419/20615 ppn:474407659 |
| Appears in Collections: | EconStor |
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