Year: 2026
Type: article
Abstract: Understanding how competitive pressure affects risk-taking is crucial in sequential decision-making under uncertainty. This study examines these effects using bench press competition data, where individuals make risk-based choices under pressure. We estimate the impact of pressure on weight selection and success probability. Pressure from rivals increases attempted weights on average, but responses vary by gender, experience, and rivalry history. Counterfactual simulations show that removing pressure leads many lifters to select lower weights and achieve lower success rates, though some benefit. The results reveal substantial heterogeneity in how competition shapes both risk-taking and performance.
Source: Journal of Risk and Uncertainty
Authors: Masaya Nishihata, Suguru Otani
Institutions: Keio University, The University of Tokyo
Language: English
Subfield: General Decision Sciences
Field: Decision Sciences
Domain: Social Sciences
Open Access status: hybrid
Estimated APC paid: $3,090
OpenAlex ID: W7141041628