Incentives and superstars on the LPGA Tour
Abstract:Following Ehrenberg and Bognanno (1990a, b), this study explores the role of incentives on the 2000 LPGA Tour. Overall, it finds them to have limited effectiveness. Several possible explanations are considered, including unmeasured differences in both abilities and courses and variations in the distribution of prizes across tournaments. The existence of a 'superstar effect' is also considered.
Document Type: Research Article
Affiliations: Department of Economics, Middlebury College, Middlebury, VT 05753, USA
Publication date: 2007-01-01