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Quality, Subjectivity, and Sustained Superior Performance at the Olympic Games

Author

Listed:
  • David M. Waguespack

    (Robert H. Smith School of Business, University of Maryland, College Park, Maryland 20742)

  • Robert Salomon

    (Leonard N. Stern School of Business, New York University, New York, New York 10002)

Abstract

In some competitions, performance evaluation includes a substantial subjective component. We argue that the inherent uncertainty and ambiguity in subjective evaluation can lead to favorable ex post treatment for reputationally privileged competitors. Post consumption, judges may infer quality that is not directly observed and/or make conservative choices to assuage accountability concerns. We examine these issues in the context of the Olympic Games, comparing country-level performance outcomes across Olympic sports. We find that past performance is predictive of current performance in all sports, but the effect is stronger in subjective outcome sports versus objective outcome sports. That is, past performance is a better predictor of future performance in sports where external judges and referees can influence the outcomes. We find the same pattern in individual boxing matches, with past country-level performance having a stronger effect on subjective boxing outcomes (judges’ decisions) than objective boxing outcomes (knockouts).Data, as supplemental material, are available at http://dx.doi.org/10.1287/mnsc.2014.2144 . This paper was accepted by Jesper Sørensen, organizations.

Suggested Citation

  • David M. Waguespack & Robert Salomon, 2016. "Quality, Subjectivity, and Sustained Superior Performance at the Olympic Games," Management Science, INFORMS, vol. 62(1), pages 286-300, January.
    • Handle: RePEc:inm:ormnsc:v:62:y:2016:i:1:p:286-300
    DOI: 10.1287/mnsc.2014.2144
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    References listed on IDEAS

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    Cited by:

    1. Li, Yongjun & Wang, Lizheng & Li, Feng, 2021. "A data-driven prediction approach for sports team performance and its application to National Basketball Association," Omega, Elsevier, vol. 98(C).
    2. Alex Krumer & Felix Otto & Tim Pawlowski, 2022. "Nationalistic bias among international experts: evidence from professional ski jumping," Scandinavian Journal of Economics, Wiley Blackwell, vol. 124(1), pages 278-300, January.

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    reputation; status; contests;
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