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

47 Pages Posted: 5 Dec 2014

See all articles by Robert A. Connolly

Robert A. Connolly

University of Florida

Richard J. Rendleman

University of North Carolina at Chapel Hill

Date Written: December 3, 2014

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.

Keywords: Peer effects, Superstar effect, Tiger Woods effect, Tournament incentives, golf.

JEL Classification: C87, J44, L83

Suggested Citation

Connolly, Robert A. and Rendleman, Richard J., The (Adverse) Incentive Effects of Competing with Superstars: A Reexamination of the Evidence (December 3, 2014). Available at SSRN: https://ssrn.com/abstract=2533537 or http://dx.doi.org/10.2139/ssrn.2533537

Robert A. Connolly (Contact Author)

University of Florida ( email )

P.O. Box 117168
Gainesville, FL 32611
United States

Richard J. Rendleman

University of North Carolina at Chapel Hill ( email )

Kenan-Flagler Business School
Chapel Hill, NC 27599-3490
United States
919-962-3188 (Phone)
919-962-0054 (Fax)

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