期刊名称:Discussion Papers / Department of Economics, University of Essex
出版年度:2004
卷号:2004
出版社:University of Essex
摘要:In cricket, the right to make an important strategic decision is assigned via a
coin toss. We utilize these "randomized trials" to examine (a) the consistency
of choices made by teams with strictly opposed preferences, and (b) the
treatment effects of chosen actions. We find significant evidence of
inconsistency, with teams often agreeing on who is to bat first. Estimated
treatment effects show that choices are often poorly made since they
reduce the probability of the team winning.