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The Impact of Short-Term Goals on Long-Term Objectives: Evidence from Running data
| Content Provider | Semantic Scholar |
|---|---|
| Author | Soetevent, Adriaan R. Adikyan, Sargis |
| Copyright Year | 2018 |
| Abstract | Theorypredicts that goal-setting attenuates impulsiveness and therebyhelpspeople to reachhigher long-term threshold levels of consumption, wealth or health. This may imply that people who set goals in short-distance running events are more likely to participate in longer distance runs in the future. We investigate this by analyzing finishing times in over 7,000major running events of different distances organized in theNetherlands between 1996-2016. We assume that bunching at round finishing times is indicative of goal-setting by a runner. In line with Allen et al. (2017), we find strong evidence for bunching at all distances and we find that for the longer distances men bunch more than women. However, runners who bunch are not any more likely to switch to longer distances than others and this is also true for younger runners, who are generally considered more impulsive and thus would benefit more from goal-setting. JEL classification: D91, Z20 |
| File Format | PDF HTM / HTML |
| Volume Number | 2018 |
| Alternate Webpage(s) | https://www.rug.nl/research/portal/files/55638236/2018002_EEF_def.pdf |
| Language | English |
| Access Restriction | Open |
| Content Type | Text |
| Resource Type | Article |