eprintid: 1908
rev_number: 9
eprint_status: archive
userid: 6
dir: disk0/00/00/19/08
datestamp: 2013-11-13 11:23:12
lastmod: 2014-09-01 12:46:12
status_changed: 2014-09-01 12:46:12
type: article
metadata_visibility: show
creators_name: Deck, Alan
creators_name: Deck, Cary
creators_name: Zhu, Zhen
creators_id: 
creators_id: 
creators_id: zhen.zhu@imtlucca.it
title: Decision making in a sequential game: the case of pitting in NASCAR
ispublished: pub
subjects: HB
divisions: EIC
full_text_status: none
abstract: This article uses data from NASCAR to examine strategic decision making with professional players and high stakes. The authors look at driver decisions to pit, enabling car performance to be improved at the cost of track position. Unlike other sports choices that have been used to test game-theoretic play, pitting decisions occur sequentially. Therefore, optimal decision making should result in the sub-game perfect equilibrium outcome. After estimating the likelihood of successfully passing another driver, the authors find some evidence that drivers make optimal decisions; however, driver behavior is also consistent with a simple heuristic of following the preceding car.
date: 2014-04
date_type: published
publication: Journal of Sports Economics
volume: 15
number: 2
publisher: Sage
pagerange: 132-149
id_number: 10.1177/1527002512443828
refereed: TRUE
issn: 1527-0025
official_url: http://dx.doi.org/10.1177/1527002512443828
citation:   Deck, Alan and Deck, Cary and Zhu, Zhen  Decision making in a sequential game: the case of pitting in NASCAR.  Journal of Sports Economics, 15 (2).  pp. 132-149.  ISSN 1527-0025      (2014)