2017

The Impact of Stress on Tournament Entry

Reprint No. 2017:26

Author(s): Thomas Buser, Anna Dreber and Johanna MöllerströmYear: 2017 Title: Experimental Economics Volume (No.): 20 (2) Pages: 506–530
Online article (restrictions may apply)


Individual willingness to enter competitive environments predicts career choices and labor market outcomes. Meanwhile, many people experience competitive contexts as stressful. We use two laboratory experiments to investigate whether factors related to stress can help explain individual differences in tournament entry. Experiment 1 studies whether stress responses (measured as salivary cortisol) to taking part in a mandatory tournament predict individual willingness to participate in a voluntary tournament. We find that competing increases stress levels. This cortisol response does not predict tournament entry for men but is positively and significantly correlated with choosing to enter the tournament for women. In Experiment 2, we exogenously induce physiological stress using the cold-pressor task. We find a positive causal effect of stress on tournament entry for women but no effect for men. Finally, we show that although the effect of stress on tournament entry differs between the genders, stress reactions cannot explain the well-documented gender difference in willingness to compete.


Reference:
Buser, Thomas, Anna Dreber and Johanna Möllerström (2017), "The Impact of Stress on Tournament Entry". Experimental Economics 20(2), 506–530.

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Martin Ljunge, IFN, is the author of a chapter, "Trust promotes health: addressing reverse causality by studying children of immigrants", in a new book edited by Sherman Folland and Eric Nauenberg. The cutting edge of research is presented, covering the ever-expanding social capital field.

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