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The Stairways to Heaven: A Model of Career Choice in Sports and Games, with an Application to Chess

Author

Listed:
  • Ariga, Kenn

    (Kyoto University)

  • Brunello, Giorgio

    (University of Padova)

  • Iwahashi, Roki

    (University of the Ryukyus, Okinawa)

  • Rocco, Lorenzo

    (University of Padova)

Abstract

We model individual careers in sports and games from initial entry to eventual exit or success as a discrete-choice, finite-horizon optimization problem. We apply this model to the international game of chess and study cross-country differences in the relative success of players. While we find no evidence that the players in our sample from the ex-Warsaw Pact are more talented than European and American players, there is evidence that they face lower training costs.

Suggested Citation

  • Ariga, Kenn & Brunello, Giorgio & Iwahashi, Roki & Rocco, Lorenzo, 2008. "The Stairways to Heaven: A Model of Career Choice in Sports and Games, with an Application to Chess," IZA Discussion Papers 3327, IZA Network @ LISER.
    • Handle: RePEc:iza:izadps:dp3327
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    References listed on IDEAS

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    1. Roberts, Kevin & Weitzman, Martin L, 1981. "Funding Criteria for Research, Development, and Exploration Projects," Econometrica, Econometric Society, vol. 49(5), pages 1261-1288, September.
    2. Michael J. Brien & Lee A. Lillard & Steven Stern, 2006. "Cohabitation, Marriage, And Divorce In A Model Of Match Quality," International Economic Review, Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association, vol. 47(2), pages 451-494, May.
    3. Brunello, Giorgio & Giannini, Massimo & Ariga, Kenn, 2004. "The Optimal Timing of School Tracking," IZA Discussion Papers 995, IZA Network @ LISER.
    4. Peter Groothuis & James Richard Hill & Timothy Perri, 2009. "The dilemma of choosing talent: Michael Jordans are hard to find," Applied Economics, Taylor & Francis Journals, vol. 41(25), pages 3193-3198.
    5. Stefan Szymanski, 2010. "The Economic Design of Sporting Contests," Palgrave Macmillan Books, in: The Comparative Economics of Sport, chapter 1, pages 1-78, Palgrave Macmillan.
    6. MacDonald, Glenn M, 1988. "The Economics of Rising Stars," American Economic Review, American Economic Association, vol. 78(1), pages 155-166, March.
    7. Jovanovic, Boyan, 1979. "Firm-specific Capital and Turnover," Journal of Political Economy, University of Chicago Press, vol. 87(6), pages 1246-1260, December.
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    Cited by:

    1. Gerdes, Christer & Gränsmark, Patrik, 2010. "Strategic behavior across gender: A comparison of female and male expert chess players," Labour Economics, Elsevier, vol. 17(5), pages 766-775, October.

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    Keywords

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    JEL classification:

    • J24 - Labor and Demographic Economics - - Demand and Supply of Labor - - - Human Capital; Skills; Occupational Choice; Labor Productivity
    • J44 - Labor and Demographic Economics - - Particular Labor Markets - - - Professional Labor Markets and Occupations

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