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Multiple Reference Points and Economic Decisions: Evidence from Figure Skating Data

Yulia Chikish

International Journal of Sport Finance2026https://doi.org/10.1177/15586235251413038article
AJG 1ABDC C
Weight
0.50

What the paper says

This paper studies the effect of multiple reference points on decisions made by professional athletes. Unique design features present in elite-level figure skating competitions generate two salient reference points: one reflecting rational expectations about the likelihood of success and the other reflecting information on the performance of previous competitors. An analysis of effort decisions and competition outcomes shows that both reference points affect skaters’ decisions; the effect diminishes with experience. The results support the idea that the elimination of market anomalies takes time even for highly trained professionals and the time required varies depending on the specific reference point.

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https://doi.org/https://doi.org/10.1177/15586235251413038

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@article{yulia2026,
  title        = {{Multiple Reference Points and Economic Decisions: Evidence from Figure Skating Data}},
  author       = {Yulia Chikish},
  journal      = {International Journal of Sport Finance},
  year         = {2026},
  doi          = {https://doi.org/https://doi.org/10.1177/15586235251413038},
}

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Multiple Reference Points and Economic Decisions: Evidence from Figure Skating Data

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Evidence weight

0.50

Balanced mode · F 0.40 / M 0.15 / V 0.05 / R 0.40

F · citation impact0.50 × 0.4 = 0.20
M · momentum0.50 × 0.15 = 0.07
V · venue signal0.50 × 0.05 = 0.03
R · text relevance †0.50 × 0.4 = 0.20

† Text relevance is estimated at 0.50 on the detail page — for your query’s actual relevance score, open this paper from a search result.