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Penalty Shoot-Outs

Author

Listed:
  • Juan D. Carrillo

    (University of Southern California and CEPR)

Abstract

This article proposes a rule to determine the winner of a soccer match, which is different from the traditional penalty shoot-outs at the end of extra time. The author shows that games can be more attractive if penalties are shot before extra time and the outcome counts only if the tie is preserved during extra time. In general, this rule will promote offense by the team that loses the penalty shoot-outs, and it will promote defense by the team that wins the penalty shoot-outs. The author provides conditions on the marginal effect of offensive play in the probabilities of scoring and conceding a goal such that the proposed rule dominates the current one. Last, this study determines a class of functions that satisfies these conditions. More generally, the article shows how the ordering of tasks may affect the incentives to exert and allocate effort.

Suggested Citation

  • Juan D. Carrillo, 2007. "Penalty Shoot-Outs," Journal of Sports Economics, , vol. 8(5), pages 505-518, October.
  • Handle: RePEc:sae:jospec:v:8:y:2007:i:5:p:505-518
    DOI: 10.1177/1527002506292580
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    References listed on IDEAS

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    5. Isabelle Brocas & Juan D. Carrillo, 2004. "Do the “Three-Point Victory†and “Golden Goal†Rules Make Soccer More Exciting?," Journal of Sports Economics, , vol. 5(2), pages 169-185, May.
    6. Ignacio Palacios-Huerta, 2003. "Professionals Play Minimax," The Review of Economic Studies, Review of Economic Studies Ltd, vol. 70(2), pages 395-415.
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    Cited by:

    1. Jose Apesteguia & Ignacio Palacios-Huerta, 2010. "Psychological Pressure in Competitive Environments: Evidence from a Randomized Natural Experiment," American Economic Review, American Economic Association, vol. 100(5), pages 2548-2564, December.
    2. Ricardo Manuel Santos, 2014. "Optimal Soccer Strategies," Economic Inquiry, Western Economic Association International, vol. 52(1), pages 183-200, January.
    3. Liam J.A. Lenten & Jan Libich & Petr Stehlík, 2013. "Policy Timing and Footballers' Incentives," Journal of Sports Economics, , vol. 14(6), pages 629-655, December.

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