Zoekopdracht:
faculteit: "FEB" en publicatiejaar: "2006"
| Auteurs | F.J.G.M. Klaassen, J.R. Magnus | | Titel | Are economic agents successful optimizers? An analysis through service strategy in tennis |
| Uitgever | Faculteit Economie en Bedrijfskunde |
| Plaats | Amsterdam |
| Jaar | 2006 |
| Pagina's | 34 |
| Serietitel | Tinbergen Institute Discussion paper |
| Serienummer | TI 06-048/2 |
| Faculteit | Faculteit Economie en Bedrijfskunde |
| Instituut/afd. | FEB: Research Institute in Economics and Econometrics Amsterdam (RESAM) |
| Samenvatting | We consider the question whether top tennis players in a top tournament (Wimbledon) employ an optimal (efficient) service strategy. We show that top players do not, in general, follow an optimal strategy, and we provide a lower bound of the inefficiency. The inefficiency regarding winning a point on service is on average at least 1.1% for men and 2.0% for women, leading to a possible increase of income for the efficient player of 18.7% for men and 32.8% for women. We use these findings to shed some light on the question whether economic agents are successful optimizers.
Keywords: Inefficiency; Frontier; Optimal strategy; Tennis
Classification-JEL: C14; C15; D01; D21 |
| Soort document | Rapport |
| Download bestand | |
| Document finder |
|
Gebruik dit adres om naar deze pagina te linken: http://dare.uva.nl/record/390906
Vraag/opmerking over dit recordMail aan een collega
Toevoegen aan bewaarset
|