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All Out All the Time? Superstars and Incentives on the LPGA Tour

Leeds, Eva Marikova
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Journal article
Date
2023-01-30
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Economics
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http://dx.doi.org/10.1142/s2810943022500147
Abstract
Using data from the 1995-2006 LPGA Tour, we analyse players’ response to the presence of Annika Sorenstam, a dominant champion on the LPGA Tour at the time. We find that the measures of players’ responses are highly sensitive to specification. Employing course fixed effects (FEs) greatly reduces the impact Sorenstam had on other golfers. We also find that players do not respond positively to the size of the reward to winning the tournament, which contradicts experimental studies of rank-order tournaments (ROTs). Our findings lead us to question both experimental and non-experimental studies of ROTs and of gender differences in response to them.
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All Out All the Time? Superstars and Incentives on the LPGA Tour Michael A. Leeds (1Department of Economics, Temple University, Philadelphia, PA 19122, United States of America) and Eva Marikova Leeds (2Department of Economics, Moravian University, Bethlehem, PA 18018, United States of America) International Journal of Empirical Economics 2022 01:04
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World Scientific Publishing Co. Pte Ltd.
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International Journal of Empirical Economics, Vol. 1, Iss. 4
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