Hello everybody.
In a study of 1.6 million putts of golfers competing on the PGA Tour from 2004 to 2008, researchers at Wharton showed that professional golfers exhibit loss aversion,
making putts for par more often than other putts. In other words, when faced with the prospect of going over par, it appears that professional golfers work harder to sink their
putts . . . and that as a result, they are more likely to do just that. This effect persists after adjusting for knowledge of the green,...
What does This effect refer to?
Does it refer to loss aversion?
Thanks ??
Jamal 1315 Does it refer to loss aversion? Sort of. It's loss aversion as it applies to golf, as the writer has explained it.
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Jamal 1315Does it refer to loss aversion?
Sort of. It's loss aversion as it applies to golf, as the writer has explained it.