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The Queen's Gambit: Explaining the superstar effect using evidence from chess

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  • Bilen, Eren
  • Matros, Alexander

Abstract

Superstars exist in classrooms and workplaces. Superstars can intimidate others and create a negative performance shock, or they can encourage others by inspiring everybody to “step up their game.” In this study, we examine two effects: the impact of head-to-head competition with a superstar (direct) effect and the influence of a superstar presence on players' performance (indirect) effect. We find that the direct superstar effect in theory and in the data is always negative. The indirect superstar effect is neutral in theory, but depends on the intensity of the superstar in the data: if the skill gap between the superstar and the rest is small (large), there is a positive (negative) indirect effect.

Suggested Citation

  • Bilen, Eren & Matros, Alexander, 2023. "The Queen's Gambit: Explaining the superstar effect using evidence from chess," Journal of Economic Behavior & Organization, Elsevier, vol. 215(C), pages 307-324.
    • Handle: RePEc:eee:jeborg:v:215:y:2023:i:c:p:307-324
    DOI: 10.1016/j.jebo.2023.09.002
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    References listed on IDEAS

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    1. Elias Bouacida & Renaud Foucart & Maya Jalloul, 2024. "Decreasing Differences in Expert Advice," Working Papers 408394204, Lancaster University Management School, Economics Department.

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    More about this item

    Keywords

    Superstar; Tournament; Effort; Peer-effect; Chess;
    All these keywords.

    JEL classification:

    • M52 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Personnel Economics - - - Compensation and Compensation Methods and Their Effects
    • J3 - Labor and Demographic Economics - - Wages, Compensation, and Labor Costs
    • J44 - Labor and Demographic Economics - - Particular Labor Markets - - - Professional Labor Markets and Occupations
    • D3 - Microeconomics - - Distribution

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