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Cover of: The Influence of Ability, Rank, and Gender on Risk-Taking in Contests: Evidence from the Ski World Cup
Eberhard Feess, Peter J. Jost, Helge Müller

The Influence of Ability, Rank, and Gender on Risk-Taking in Contests: Evidence from the Ski World Cup

Section: Articles
Volume 172 (2016) / Issue 4, pp. 573-614 (42)
Published 09.07.2018
DOI 10.1628/093245616X14636566542169
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  • 10.1628/093245616X14636566542169
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Summary
Based on a model for a sequential contest with heterogeneous participants, we investigate the influence of ability, rank, and gender on risk-taking behavior in the Ski World Cup. Risk-taking is defined as the dropout probability. In line with our theory, low-ability contestants take higher risk in the first race, while risktaking in the second race increases in the rank after the first race. Supporting the general literature on gender-specific risk-taking, the dropout probability of females is lower in both races.