"Prospect theory predicts that people are more highly motivated to avoid losses than to achieve gains of comparable magnitude, which explains why teams facing a disappointing scoreline get more yellow and red cards and use more substitutes."
"When contemplating gains, people will be more risk-averse than when contemplating losses, so a race leader preoccupied with losing should be more not less willing to take risks than any pursuers contemplating winning."
Prospect theory indicates that individuals are more motivated to avoid losses than to achieve equivalent gains. This explains certain behaviors in sports, such as increased penalties for teams trailing in scores. Contrary to some interpretations, a race leader should be more willing to take risks when focused on potential losses, while pursuers may be more risk-averse when contemplating wins. The application of scientific theories in sports analysis is welcomed, but misinterpretations can lead to incorrect conclusions about risk-taking behavior.
Read at www.theguardian.com
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