Are professional basketball players reference-dependent?

C-Tier
Journal: Applied Economics
Year: 2018
Volume: 50
Issue: 36
Pages: 3937-3948

Authors (3)

Lester Lusher (University of Pittsburgh) Chuan He (not in RePEc) Stephen Fick (not in RePEc)

Score contribution per author:

0.335 = (α=2.01 / 3 authors) × 0.5x C-tier

α: calibrated so average coauthorship-adjusted count equals average raw count

Abstract

Models with reference-dependent preferences suggest that agents exert considerable effort to avoid falling below a reference point and ‘losing’. We provide visual and statistical evidence that player performances in the National Basketball Association (NBA) bunch at salient, normatively extraneous round numbers. Using data on nearly three million shot attempts with precise ($$x$$x , $$y$$y ) coordinates, we find that players improve free throw accuracy and attempt shots closer to the hoop when shooting for a round number. The results are strongest for players on home teams, suggesting that the reference-dependent enters preferences through an external, social evaluation channel.

Technical Details

RePEc Handle
repec:taf:applec:v:50:y:2018:i:36:p:3937-3948
Journal Field
General
Author Count
3
Added to Database
2026-01-25