Paulo Reis Mourao

Although it is not generally applauded, withdrawing from competition is sometimes the best available option. However, an individual withdrawal may generate external costs that affect people other than the withdrawing individual. As cycling finances increase worldwide, the losses that are incurred due to riders’ withdrawals assume a rising importance. Therefore, we test the determinants for professional riders’ withdrawals by using probit estimations on nine major races (Le Tour de France, La Vuelta, Il Giro, the Tour de Suisse, the Tour of Poland, the Tour de Picardie, Paris-Nice, Tirreno-...Read more