Managerial decision making under uncertainty: the case of Twenty20 cricket

We consider managerial decision making by examining the impact of decisions taken by cricket captains on Twenty20 International (T20I) match outcomes. In particular, we examine whether pressure from external commentators is associated with suboptimal decision making by captains. Using data from over...

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Main Authors: Sacheti, Abhinav, Gregory-Smith, Ian, Paton, David
Format: Article
Published: SAGE 2016
Subjects:
Online Access:https://eprints.nottingham.ac.uk/50964/
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author Sacheti, Abhinav
Gregory-Smith, Ian
Paton, David
author_facet Sacheti, Abhinav
Gregory-Smith, Ian
Paton, David
author_sort Sacheti, Abhinav
building Nottingham Research Data Repository
collection Online Access
description We consider managerial decision making by examining the impact of decisions taken by cricket captains on Twenty20 International (T20I) match outcomes. In particular, we examine whether pressure from external commentators is associated with suboptimal decision making by captains. Using data from over 300 T20I matches, we find little evidence that either winning the toss or choosing to bat first improves the likelihood of winning. Despite this, we find that captains in T20I cricket are significantly more likely to choose to bat rather than bowl after winning the toss, a finding that is consistent with social pressure constraining captains’ decision making.
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institution University of Nottingham Malaysia Campus
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publishDate 2016
publisher SAGE
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spelling nottingham-509642020-05-04T17:24:55Z https://eprints.nottingham.ac.uk/50964/ Managerial decision making under uncertainty: the case of Twenty20 cricket Sacheti, Abhinav Gregory-Smith, Ian Paton, David We consider managerial decision making by examining the impact of decisions taken by cricket captains on Twenty20 International (T20I) match outcomes. In particular, we examine whether pressure from external commentators is associated with suboptimal decision making by captains. Using data from over 300 T20I matches, we find little evidence that either winning the toss or choosing to bat first improves the likelihood of winning. Despite this, we find that captains in T20I cricket are significantly more likely to choose to bat rather than bowl after winning the toss, a finding that is consistent with social pressure constraining captains’ decision making. SAGE 2016-01-01 Article PeerReviewed Sacheti, Abhinav, Gregory-Smith, Ian and Paton, David (2016) Managerial decision making under uncertainty: the case of Twenty20 cricket. Journal of Sports Economics, 17 (1). pp. 44-63. ISSN 1552-7794 cricket decision making uncertainty conditional logit http://journals.sagepub.com/doi/10.1177/1527002513520011 doi:10.1177/1527002513520011 doi:10.1177/1527002513520011
spellingShingle cricket
decision making
uncertainty
conditional logit
Sacheti, Abhinav
Gregory-Smith, Ian
Paton, David
Managerial decision making under uncertainty: the case of Twenty20 cricket
title Managerial decision making under uncertainty: the case of Twenty20 cricket
title_full Managerial decision making under uncertainty: the case of Twenty20 cricket
title_fullStr Managerial decision making under uncertainty: the case of Twenty20 cricket
title_full_unstemmed Managerial decision making under uncertainty: the case of Twenty20 cricket
title_short Managerial decision making under uncertainty: the case of Twenty20 cricket
title_sort managerial decision making under uncertainty: the case of twenty20 cricket
topic cricket
decision making
uncertainty
conditional logit
url https://eprints.nottingham.ac.uk/50964/
https://eprints.nottingham.ac.uk/50964/
https://eprints.nottingham.ac.uk/50964/