Plausibly Exogenous [1655] - Performance Expectations (08/14/2024)

LHS Variable
Performance

RHS Variable
High performance expectations

Source of Exogenous Variation
Discontinuity that separates slight underdogs (players with rankings slightly worse than their opponents’) from slight favorites (players with rankings slightly better than their opponents’).

- Dai et al. (2018), “Quitting When the Going Gets Tough: A Downside of High Performance Expectations”