Modeling the Effects of Psychological Pressure on First-Mover Advantage in Competitive Interactions

Author:

Vandebroek Tom P.1,McCann Brian T.2,Vroom Govert1

Affiliation:

1. IESE Business School, University of Navarra, Barcelona, Spain

2. Owen Graduate School of Management, Vanderbilt University, Nashville, TN, USA

Abstract

The relationship between psychological pressure and performance outcomes has been studied across a variety of sporting contexts. As an extension and complement to recent empirical studies, we construct a formal model of soccer penalty shoot-outs to determine the links between psychological pressure and first-mover advantage (FMA). Our approach indicates that even seemingly simple competitive interactions may include a rich, complex set of effects. We demonstrate that psychological pressure leads to FMA in shoot-outs; however, we show that this relationship can vary depending on a variety of different factors, such as the nature of the pressure, the magnitude of the pressure, and the specific rules governing the shoot-out. Overall, our work clarifies and extends knowledge of the operation of FMA and of how psychological pressure impacts performance outcomes in competitive interactions.

Publisher

SAGE Publications

Subject

Economics, Econometrics and Finance (miscellaneous)

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