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2026 1

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Process Utility in High-Stakes Competition

econ.EM · 2026-05-22 · unverdicted · novelty 6.0

Using optimality conditions from the second-service rule and a structural model on tennis data, the paper shows players value process utility positively and systematically trade off outcome probabilities for it.

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  • Process Utility in High-Stakes Competition econ.EM · 2026-05-22 · unverdicted · none · ref 23

    Using optimality conditions from the second-service rule and a structural model on tennis data, the paper shows players value process utility positively and systematically trade off outcome probabilities for it.