The Dynamics of Inattention in the (Baseball) Field
成果类型:
Article
署名作者:
Archsmith, James; Heyes, Anthony; Neidell, Matthew; Sampat, Bhaven
署名单位:
University System of Maryland; University of Maryland College Park; University of Birmingham; Columbia University; Arizona State University; Arizona State University-Tempe
刊物名称:
ECONOMIC JOURNAL
ISSN/ISSBN:
0013-0133
DOI:
10.1093/ej/ueaf030
发表日期:
2025
页码:
2192-2219
关键词:
rational inattention
decision fatigue
DISCRIMINATION
performance
attention
willpower
BIAS
摘要:
Recent theoretical and empirical work characterises attention as a costly resource that decision-makers allocate strategically. There has been less research on the dynamic interdependence of attention: how paying attention now may affect performance later. In this paper, we exploit high-frequency data on decision-making by Major League Baseball umpires to examine this. We find that umpires apply greater effort to higher-stakes decisions, but also that effort applied to earlier decisions increases errors later. These findings are consistent with the umpire being endowed with a depletable 'budget' of attention or the psychological theory of ego depletion. There is no such interdependence across the breaks that occur during the game (at the end of each half-inning) suggesting that even short rest periods can replenish attention budgets. An expectation of higher-stakes decisions in the future induces reduced attention to current decisions, consistent with a forward-looking agent allocating his budget strategically across a sequence of decisions of varying importance. We believe this to be the first large-scale empirical demonstration, from economics or psychology, that individuals may manage the stock of attention in anticipation of future use.