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Market-Based Solutions to Vital Economic Issues
Research
Dec 5, 2014

The (Adverse) Incentive Effects of Competing with Superstars: A Reexamination of the Evidence

Abstract

In “Quitters Never Win: The (Adverse) Incentive Effects of Competing with Superstars,” Brown (2011) argues that professional golfers perform relatively poorly in tournaments in which Tiger Woods also competes. We show that Brown’s conclusions are based on a problematic empirical design, which if adjusted yields no evidence of a superstar effect.

Note: Research papers posted on SSRN, including any findings, may differ from the final version chosen for publication in academic journals. 


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