Cognitive Ability and Tournament Entry: Evidence from Three Korean Populations
We compare tournament entry among three Korean groups raised in different institutional environments: South Korea, North Korea, and China. Experiments with a random bonus show that North Korean (NK) refugees enter tournaments less often than South Korean (SK) participants and Korean-Chinese immigrants. The conditional NK-SK difference becomes statistically insignificant when Raven score is included. A choice model with probability weighting suggests that lower cognitive ability is associated with lower expected performance, more pessimistic beliefs, and, within the model, greater aversion to competition.