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Is There Psychological Pressure in Competitive Environments?

  • Francesco Feri

    ()

  • Alessandro Innocenti

    ()

  • Paolo Pin

    ()

This paper provides laboratory evidence on the effect of psychological pressure in competitive environments. In our experiment, we analyze a setup of sequential tournaments, in which participants are matched in pairs and experience a kind of pressure that, as in most real world professional tasks, is not perceived as uncommon or exceptional. We do not find support for the first-mover advantage, while we obtain that second-movers perform significantly better under psychological pressure. Moreover we find that psychological pressure affects heterogeneously the performance of the subjects.

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Paper provided by University of Siena in its series Labsi Experimental Economics Laboratory University of Siena with number 044.

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Date of creation: Dec 2012
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Handle: RePEc:usi:labsit:044
Contact details of provider: Postal: Piazza San Francesco 7, 53100 Siena
Web page: http://www.depfid.unisi.it/

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  1. Charness, Gary & Kuhn, Peter J., 2010. "Lab Labor: What Can Labor Economists Learn from the Lab?," IZA Discussion Papers 4941, Institute for the Study of Labor (IZA).
  2. Dohmen, Thomas J., 2008. "Do professionals choke under pressure?," Journal of Economic Behavior & Organization, Elsevier, vol. 65(3-4), pages 636-653, March.
  3. Gill, David & Prowse, Victoria L., 2009. "A Structural Analysis of Disappointment Aversion in a Real Effort Competition," IZA Discussion Papers 4536, Institute for the Study of Labor (IZA).
  4. Jose Apesteguia & Ignacio Palacios-Huerta, 2008. "Psychological pressure in competitive environments: Evidence from a randomized natural experiment," Economics Working Papers 1116, Department of Economics and Business, Universitat Pompeu Fabra.
  5. Kocher, Martin G. & Lenz, Marc V. & Sutter, Matthias, 2012. "Psychological pressure in competitive environments: New evidence from randomized natural experiments," Munich Reprints in Economics 18160, University of Munich, Department of Economics.
  6. Bar-Eli, Michael & Azar, Ofer H. & Ritov, Ilana & Keidar-Levin, Yael & Schein, Galit, 2005. "Action bias among elite soccer goalkeepers: The case of penalty kicks," MPRA Paper 4477, University Library of Munich, Germany.
  7. González-Díaz, Julio & Gossner, Olivier & Rogers, Brian W., 2012. "Performing best when it matters most: Evidence from professional tennis," Journal of Economic Behavior & Organization, Elsevier, vol. 84(3), pages 767-781.
  8. Canice Prendergast, 1999. "The Provision of Incentives in Firms," Journal of Economic Literature, American Economic Association, vol. 37(1), pages 7-63, March.
  9. Francesco Feri & Alessandro Innocenti & Paolo Pin, 2011. "Psychological Pressure in Competitive Environments: Evidence from A Randomized Natural Experiment: Comment," Working Papers 2011-03, Faculty of Economics and Statistics, University of Innsbruck.
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