000K utf8 1100 2018$c2018-02-18 1500 eng 2050 urn:nbn:de:hbz:465-20220715-125144-2 2051 10.1177/1527002518758144 3000 Maxcy, Joel G. 3010 Prinz, Joachim 3010 Wicker, Pamela 4000 Happiness as a Reward for Torture: Is Participation in a Long-Distance Triathlon a Rational Choice? [Maxcy, Joel G.] 4209 This study applies prospect theory to an assessment of actual behavior. Loss aversion, reference dependence, and diminishing sensitivity are conceptualized through survey respondents’ perceptions of physical and mental torture during training for and competition in long-distance triathlons. Regression results show that frequent thoughts of giving up during the race negatively affect happiness after the race, while mental torture during training and race is negatively associated with happiness in the weeks after the race. Satisfaction with race outcome positively affects happiness, suggesting that achieving individual goals is more important than absolute performance in terms of finishing times and ranks. 4950 https://doi.org/10.1177/1527002518758144$xR$3Volltext$534 4950 https://nbn-resolving.org/urn:nbn:de:hbz:465-20220715-125144-2$xR$3Volltext$534 4961 https://duepublico2.uni-due.de/receive/duepublico_mods_00071992 5051 796 5550 behavioral economics 5550 extreme sports 5550 Ironman 5550 prospect theory