Emotional expressions by sports teams: An analysis of World Cup soccer player portraits
Publication date: Available online 28 April 2018Source: Journal of Economic PsychologyAuthor(s): Astrid Hopfensitz, Cesar MantillaAbstractEmotion display serves as incentives or deterrents for others’ in many social interactions. We study the portrayal of anger and happiness, two emotions associated with dominance, and its relationship to team performance in a high stake environment. We analyze 4318 pictures of players from 304 participating teams in twelve editions (1970–2014) of the FIFA Soccer World Cup, and use automated face-reading (FaceReader 6) to evaluate the display of anger and happiness. We observe that the...
Source: Journal of Economic Psychology - July 5, 2018 Category: Psychiatry & Psychology Source Type: research
Is there no ‘I’ in team? Strategic effects in multi-battle team competition
Publication date: Available online 2 May 2018Source: Journal of Economic PsychologyAuthor(s): Lu Dong, Lingbo HuangAbstractIndividuals may respond differently to their own past performance than to their teammates’ performance in a multi-battle competition. Using field data from professional squash team tournaments, we show that while previous individual success begets more success, teammates’ past performance has little impact on players’ immediate and overall battle performance. It could be argued that players follow the heuristic of doing their best for their teams while at the same time succumbing to a psychologic...
Source: Journal of Economic Psychology - July 5, 2018 Category: Psychiatry & Psychology Source Type: research
Promotional formats and inaction inertia
Publication date: June 2018Source: Journal of Economic Psychology, Volume 66Author(s): Hsin-Hsien Liu, Hsuan-Yi ChouAbstractInaction inertia is the phenomenon in which people are less likely to accept an opportunity after having previously missed a relatively superior one. Based on mental accounting theory and the comparability of the current and missed opportunities, this study explores how promotional formats influence consumers’ inaction inertia. The authors propose that when the missed and current promotions are monetary (vs. nonmonetary), consumers perceive that these opportunities are more comparable, which results...
Source: Journal of Economic Psychology - July 5, 2018 Category: Psychiatry & Psychology Source Type: research
Lower-rated publications do lower academics’ judgments of publication lists: Evidence from a survey experiment of economists
Publication date: June 2018Source: Journal of Economic Psychology, Volume 66Author(s): Nattavudh Powdthavee, Yohanes E. Riyanto, Jack L. KnetschAbstractPublications in leading journals are widely known to have a positive impact on economists’ judgments of the value of authors’ contributions and professional reputations. While conjectures that publications in lower-rated journals likely have a negative impact on such judgments are common, there have been virtually no direct tests of their validity. Our intent is to provide results from such a test, one that involved asking economists from 44 universities throughout the ...
Source: Journal of Economic Psychology - July 5, 2018 Category: Psychiatry & Psychology Source Type: research
Testing strategies to increase saving in individual development account programs
Publication date: June 2018Source: Journal of Economic Psychology, Volume 66Author(s): Cäzilia Loibl, Lauren Jones, Emily HaisleyAbstractA series of randomized field experiments tests whether saving rates in a federally funded, matched, savings program for low-income families – the Individual Development Account program – can be improved through insights from behavioral economics. We test the impact of: (a) holding savers accountable for making savings deposits, (b) increasing the frequency with which deposits are made, and (c) introducing a lottery-based incentive structure. We find small, positive effects of the fre...
Source: Journal of Economic Psychology - July 5, 2018 Category: Psychiatry & Psychology Source Type: research
