The Effects of Financial Incentives on Women's Performance: The Tournament Theory Applied to Female Tennis Players
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2017
- ISIDORE Id: 10670/1.868ff5...
- hal: hal-04704537
info:eu-repo/semantics/OpenAccess
Mots-clés
tournament theory financial incentives performance women professional tennis J - Labor and Demographic Economics/J.J3 - Wages, Compensation, and Labor Costs/J.J3.J33 - Compensation Packages • Payment Methods L - Industrial Organization/L.L8 - Industry Studies: Services/L.L8.L83 - Sports • Gambling • Restaurants • Recreation • Tourism M - Business Administration and Business Economics • Marketing • Accounting • Personnel Economics/M.M1 - Business Administration/M.M1.M12 - Personnel Management • Executives; Executive Compensation Z - Other Special Topics/Z.Z2 - Sports EconomicsSujets proches
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Matthieu Llorca et al., « The Effects of Financial Incentives on Women's Performance: The Tournament Theory Applied to Female Tennis Players », HAL SHS (Sciences de l’Homme et de la Société), ID : 10670/1.868ff5...
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Résumé
The purpose of this paper is to analyze the management model of women’s professional tennisby using the theoretical framework of the tournament theory. Indeed, this sport is particularlyappropriate to study the effects of financial incentives on women’s performance in the contextof competitive elimination tournament. Moreover, we take into account the direct oppositionbetween players by building two relative performance indicators. Empirical tests areconducted, by using Ordinary Least Squares method, on the whole tournaments played by the30 best women’s tennis players, over the 2011 season. Interesting implication found is that onetournament theory principle, the incentive effect, is confirmed. In other words, an undistributedprize structure between tournament rounds increases the player performance. However, theother consequence of the tournament theory, the participative effect, is rejected because themonetary gains distributed by the tournament’s organizer (either the premium earned or thetotal dollar endowment) do not induce better player performance.
