IDEAS home Printed from https://ideas.repec.org/a/voj/journl/v67y2020i1p69-92id556.html
   My bibliography  Save this article

Pecuniary Incentive in Tournaments and Effects of Players’ Heterogeneity on Efforts in the Association of Tennis Professionals

Author

Listed:
  • Jane Wen-Jhan

Abstract

This article addresses the issues of players’ heterogeneity in individual efforts and winning probability in the Association of Tennis Professionals (ATP) games. ATP players’ personal characteristics and performance from 2011 to 2013 are collected. The results show that a negative impact of the matchup’s heterogeneity on the intensity of the game is found. The evidence thus indicates that the two players play harder when the heterogeneity is smaller. Evidence also indicate that the pecuniary incentive in tournaments is supported, and appearance of a superstar makes his opponent exert less effort. In the odds ratio analysis for the players’ heterogeneity, a rank differential increases a favorite player with 1.004% winning percentage in ATP matches. Younger, lower BMI, experienced, and right-hand players are more likely to win. Key words: Competition, Heterogeneous contestants, Random-effects logistic model, Superstar effects, Tournament theory JEL: D01, M52, L83. Posebnost podsticanja na turnirima i efekti heterogenosti napora igrača u Udruženju teniskih profesionalaca Rad govori o problemima heterogenosti igrača u pojedinačnim naporima i verovatnoći pobede u igrama Udruženja teniskih profesionalaca (ATP). Prikupljaju se lične karakteristike i performanse ATP igrača od 2011. do 2013. godine. Rezultati pokazuju negativan uticaj heterogenosti meča na intenzitet igre. Dokazi pokazuju da dvojica igrača igraju jače kada je heterogenost manja. Dokazi takođe ukazuju na značaj novčanog podsticaja na turnirima, kao i da pojava šampiona čini da njegov protivnik ulaže manje napora. U analizi odnosa kvota heterogenosti igrača, razlika u rangu povećava omiljenog igrača sa 1.004% dobitaka u ATP utakmicama. Mlađi, niži BMI, iskusni i igrači koji igraju sa desnom rukom imaju veću verovatnoću da pobede. Ključne reči: Takmičenje, heterogeni takmičari, logistički model nasumičnih efekata, efekat šampiona, teorija turnira.

Suggested Citation

  • Jane Wen-Jhan, 2020. "Pecuniary Incentive in Tournaments and Effects of Players’ Heterogeneity on Efforts in the Association of Tennis Professionals," Panoeconomicus, Savez ekonomista Vojvodine, Novi Sad, Serbia, vol. 67(1), pages 69-92.
  • Handle: RePEc:voj:journl:v:67:y:2020:i:1:p:69-92:id:556
    as

    Download full text from publisher

    File URL: https://panoeconomicus.org/index.php/jorunal/article/view/556/504
    Download Restriction: no
    ---><---

    More about this item

    Keywords

    Competition; Heterogeneous contestants; Random-effects logistic model; Superstar effects; Tournament theory;
    All these keywords.

    JEL classification:

    • D01 - Microeconomics - - General - - - Microeconomic Behavior: Underlying Principles
    • M52 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Personnel Economics - - - Compensation and Compensation Methods and Their Effects
    • L83 - Industrial Organization - - Industry Studies: Services - - - Sports; Gambling; Restaurants; Recreation; Tourism

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:voj:journl:v:67:y:2020:i:1:p:69-92:id:556. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Ivana Horvat (email available below). General contact details of provider: https://panoeconomicus.org/index.php/jorunal/ .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.