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Journal article
Happiness as a Reward for Torture: Is Participation in a Long-Distance Triathlon a Rational Choice?
Journal of sports economics, v 20(2), pp 177-197
01 Feb 2019
Featured in Collection : UN Sustainable Development Goals @ Drexel
Abstract
This study applies prospect theory to an assessment of actual behavior. Loss aversion, reference dependence, and diminishing sensitivity are conceptualized through survey respondents' perceptions of physical and mental torture during training for and competition in long-distance triathlons. Regression results show that frequent thoughts of giving up during the race negatively affect happiness after the race, while mental torture during training and race is negatively associated with happiness in the weeks after the race. Satisfaction with race outcome positively affects happiness, suggesting that achieving individual goals is more important than absolute performance in terms of finishing times and ranks.
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Details
- Title
- Happiness as a Reward for Torture: Is Participation in a Long-Distance Triathlon a Rational Choice?
- Creators
- Joel Maxcy - Drexel UniversityPamela Wicker - German Sport University CologneJoachim Prinz - University of Duisburg-Essen
- Publication Details
- Journal of sports economics, v 20(2), pp 177-197
- Publisher
- Sage
- Number of pages
- 21
- Resource Type
- Journal article
- Language
- English
- Academic Unit
- Sport Management (Center for Sport Management)
- Web of Science ID
- WOS:000454941700002
- Scopus ID
- 2-s2.0-85042190053
- Other Identifier
- 991019168774504721
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- Collaboration types
- Domestic collaboration
- International collaboration
- Web of Science research areas
- Economics
- Hospitality, Leisure, Sport & Tourism