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Stop Watching and Start Listening! The Impact of Coaching and Peer Observation in tournaments

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  • Gerald Eisenkopf

    ()
    (Thurgau Institute of Economics at University of Konstanz, Department of Economics, Germany)

  • Tim Friehe

    ()
    (Department of Economics, University of Konstanz, Germany)

Abstract

This paper uses experimental data to analyze how competitive behavior is influenced by coaching and peer observation. We study behavior in a sequential contest, considering information about the effort level of subjects in other contests (observation of peers) and information about the payoff-maximizing effort level (coaching) as treatment variables. Presentation of peer effort has a significant impact on the effort levels of first movers but not on second movers’ effort levels. The decisions of second movers were positively influenced (in terms of payoffs) by coaching when this information was presented alone; however, when coaching was presented in combination with peer observation, the quality of second-mover decisions deteriorated.

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Bibliographic Info

Paper provided by Department of Economics, University of Konstanz in its series Working Paper Series of the Department of Economics, University of Konstanz with number 2012-10.

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Length: 28 pages
Date of creation: 27 Jun 2012
Date of revision:
Handle: RePEc:knz:dpteco:1210

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Keywords: tournament; peer effect; coaching; information; learning;

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