'Another One Bites The Dust': Peer Effects and Motivation in High Level Performers
28 Pages Posted: 16 Nov 2020
Date Written: October 20, 2020
In this paper we investigate whether a corner assignment itself can change the odds of wins and losses. We gather information on fight statistics, bets, and fight purses for more than 4,000 fights that took place as part of Ultimate Fighting Championship (UFC) between 1993 and 2020. By generating a panel database of fighter rankings, we find that “underdog” fighters win at a higher rate if they are assigned to Red Corner on fights they should have been assigned to Blue Corner.
Keywords: color, motivation, peer-effects, effort, bets
JEL Classification: D84, D91, G14, J0, M51, M52, Z2
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