@dkopf #losing July 30


Coach4aday blog posts are written by John Rancke and I. We write daily about leadership, food, people, music, our granddaughters, Lumberton NC, and things that pique our curiosity.

If you want to follow the blog via email go to the bottom right of the post and click the follow button.
My twitter handle is @coach4aday2 if you want to follow the blog that way.
John’s twitter handle is @johnrancke if you want to reach out to him.

Jul 30, 2018 The Thrill of Victory and Agony of Defeat

Post by John Rancke

Came across an article by Dan Kopf about losing. Here it is

Story by Dan Kopf

Millions of French soccer fans are feeling great right now. Billions of supporters for other teams are miserable.

Most sports fans will tell you that following their team is agony.

agony

Like first dates or Marvel movies, high expectations are almost always dashed. In most professional sports, only one team becomes champion, so every season ends in failure for the bulk of the league.

“Loss Aversion,” a key theory in behavioral economics, may partly explain why being a sports fan stinks so much. First proposed by psychologists Amos Tversky and Daniel Kahneman, loss aversion is the idea that the negative experience from losing something is worse than the positive experience of gaining something of the same or greater value. For example, if you offer people a chance to win $5 if a coin lands on heads, but lose $4 if it lands on tails, they often won’t take the bet, even though it would be a good investment. They won’t do it because they instinctively know the emotional pain of losing money outweighs the positive feelings of winning it. The theory has proven useful in marketing and framing incentives for employees.
Data from a new study suggests that loss aversion also describes the life of a sports fan. For the study, economists Peter Dolton and George MacKerron of the University of Sussex analyzed data from the Mappiness Project, a survey in which people are randomly pinged on their phones and asked, among other questions, how happy they are at the moment. Tens of thousands of people have signed up for the project in the UK. In addition to estimating their happiness at a given moment, they also allow the researchers to track their location by GPS, and report what they are doing when they are contacted.
To examine the impact of sports, the researchers looked at the reported happiness of people they identified as soccer fans before and after matches during the British and Scottish seasons between 2011 and 2013. They found that in the hours leading up to a match, the average fan is a bit happier than they usually are at that time of day. If their team wins, in the hour afterwards they are about 3-5 points happier than usual, on a scale of 0-100. A draw brings them down 2-4 points, and a loss 6.5-10 points. (These are average impacts, so some people may be much happier or sadder.)
As loss aversion predicts, losing makes you feel worse than winning makes you feel better. Maybe, then, you could just choose to root for a consistently good team to avoid the angst? Sorry, frontrunners, but this probably won’t work. The researchers found that wins don’t feel as good when they are expected (as measured by betting odds before a game), but draws and losses feel a lot worse.
So if it’s so hopeless, why do so many people still follow sports teams? The researchers don’t really have an answer. As a sports fan myself, I would guess that, like most long-term relationships, fandom is not about happiness. Rather, it is about connecting with others in a community and the intrinsic sense of being loyal to something besides yourself. And besides, misery loves company.

For me personally, watching Carolina play in any sport makes my day. Win or lose. It has nothing to do with being connected in a community. I just love to watch them play.

 

 

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

TJ Banski

Livin' life with a kick and a smile and sharing my adventures along the way.

Dining with Donald

Donald on dining in and out

Leaving and Living In Las Vegas

Things to do and places to see in and around Las Vegas

Sesame Limited

Daily Updates on todays trending topics in Health, Money, Pets, Travel, Music and more...

Dreams in Young Flourish

Diamonds, diamonds and stars

Tips from Sharvi

Tips to make your daily life easier!

MIRACLES EACH DAY

Devotionals on A COURSE IN MIRACLES, A COURSE OF LOVE, and THE WAY OF MASTERY . . . with Celia Hales

Motivation & Environment

Motivation, GOD, Futurist Science & Technology, Spirituality, Environment

Domincusation

WordPress's #1 Motivation and Personal Development Source

Cheche Winnie

Sustainable Living & Wildlife Conservation in Kenya Blog

The Art of Blogging

For bloggers who aspire to inspire

Leadership 101

simple insights for those in leadership

Aria-Bella Rises

Inspiration to lead you back to Soul

unbolt me

the literary asylum

Emma Ortega Negrete

YOUR EMPOWERMENT COACH TRANSFORMING YOU TO YOUR AUTHENTIC HIGHEST SELF!

Learn Fun Facts

An Archive of Curious Facts for the Curious

Weekly Getaways

Travel Destinations

1000 Life Hacks

Start and head to the finish line

Simplify Tasks

Want to learn the simple way?

%d bloggers like this: