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Professionals Play Minimax

Palacios-Huerta. Professionals Play Minimax.

Type
Unclassified
Intellectual base
Unclassified
DOI
10.1111/1467-937x.00249
Link
https://doi.org/10.1111/1467-937x.00249

Cited by

1 citation across 1 artifact.

Each citation links to the sentence it supports in the citing article.

Domain-specific

  • Matching pennies
    • Analysing roughly 1,400 penalties, he found the data matched the minimax prediction on two counts

      This sourceReview of Economic Studies, 2003. The study behind this claim: 1,417 penalty kicks from professional games in Spain, Italy and England between September 1995 and June 2000, tested against the two implications of mixed-strategy equilibrium and rejecting neither. Reports that scoring probabilities are statistically identical across each player's strategies - Pearson 43.94, p = 0.39, so equilibrium play is not rejected - at predicted mixing frequencies near 42/58 and 39/61 rather than 50-50, with the strategies defined relative to the kicker's natural side. Reports serial independence of players' choice sequences: the null is rejected for only 2 of 42 players at the 5% level, against 2.1 rejections expected by chance.

Verification

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Registry ID ref:f7a10a02a2ab · see in the full table