The (Adverse) Incentive Effects of Competing with Superstars: A Reexamination of the Evidence
47 Pages Posted: 5 Dec 2014
Date Written: December 3, 2014
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.
Keywords: Peer effects, Superstar effect, Tiger Woods effect, Tournament incentives, golf.
JEL Classification: C87, J44, L83
Suggested Citation: Suggested Citation