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来源类型 | Working Paper |
规范类型 | 报告 |
DOI | 10.3386/w28922 |
来源ID | Working Paper 28922 |
The Dynamics of Inattention in the (Baseball) Field | |
James E. Archsmith; Anthony Heyes; Matthew J. Neidell; Bhaven N. Sampat | |
发表日期 | 2021-06-14 |
出版年 | 2021 |
语种 | 英语 |
摘要 | Recent theoretical and empirical work characterizes attention as a limited resource that decision-makers strategically allocate. There has been less research on the dynamic interdependence of attention: how paying attention now may affect performance later. In this paper, we exploit high-frequency data on decision-making by Major League Baseball umpires to examine this. We find that umpires not only apply greater effort to higher-stakes decisions, but also that effort applied to earlier decisions increases errors later. These findings are consistent with the umpire having a depletable ‘budget’ of attention. There is no such dynamic interdependence after breaks during the game (at the end of each inning) suggesting that even short rest periods can replenish attention budgets. We also find that an expectation of higher stakes future decisions leads to reduced attention to current decisions, consistent with forward-looking behavior by umpires aware of attention scarcity. |
主题 | Microeconomics ; Economics of Information ; Behavioral Economics |
URL | https://www.nber.org/papers/w28922 |
来源智库 | National Bureau of Economic Research (United States) |
引用统计 | |
资源类型 | 智库出版物 |
条目标识符 | http://119.78.100.153/handle/2XGU8XDN/586595 |
推荐引用方式 GB/T 7714 | James E. Archsmith,Anthony Heyes,Matthew J. Neidell,et al. The Dynamics of Inattention in the (Baseball) Field. 2021. |
条目包含的文件 | ||||||
文件名称/大小 | 资源类型 | 版本类型 | 开放类型 | 使用许可 | ||
w28922.pdf(1109KB) | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 |
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