Decision Making as Output and Bounded Rationality

  The classical economics theories proceed on the assumption of rational agents. Rationality implies the economic agents undertake actions or exercise choices based on the cost-benefit analysis they undertake. The assumption further posits that there exists no information asymmetry and thus the agent is aware of all the costs and benefits associated with the choice he or she has exercised. The behavioral school contested the decision stating the decisions in practice are often irrational. Implied there is a continuous departure from rationality. Rationality in the views of the behavioral school is more an exception to the norm rather a rule. The past posts have discussed the limitations of this view by the behavioral school. Economics has often posited rationality in the context in which the choices are exercised rather than theoretical abstract view of rational action. Rational action in theory seems to be grounded in zero restraint situation yet in practice, there are numerous restra

Women's Sports in Olympics- A Note

In 1928, the International Olympic Committee (IOC) introduced the women’s events in athletics for the first time. At the end of the 800 metres race, a journalist writing for a New York paper wrote it was distressing to see 1 wretched women lying in distress after the race. Apparently, to him, five collapsed during the race and five after the race. This set off a debate on the women’s participation in sports and was felt that women were not physically suited to run longer distances. The IOC discontinued the event before its reintroduction in 1960. Yet for the all the claims the writer made, the reality was very different. What he constructed was pure fiction. There was only woman who collapsed but that seemed more of stumble at a finish line than from exhaustion. In fact, the race was run at a then world record pace with five of the nine runners bettering the then world record time. But one writer’s imagination put paid to hopes of rapid advancements in women’s sports.

 

Women first participated in modern Olympics in tennis in the second edition at Paris 1900. They participated in archery and later figure skating but it was in 1928, they participated first in athletics. Even though sports like gymnastics introduced women’s events, barring swimming perhaps, many women had limited events compared to men. It was only in swimming that women had similar distances to race as men. The only exception was the 1500 metre freestyle which was reserved for men though 800 metre event was introduced for women in 1988. It will be in 2024, than women will be allowed to race over 1500 metres and men will have a new race of 800 metres.

 

In athletics however, the race for parity has been a long drawn one. The women were allowed to race 1500 metres in 1972. It was in 1984 that women’s marathon was first introduced. The year 1984 also saw women’s 400m hurdles being introduced while pentathlon was replaced by heptathlon. Incidentally, women participated for the first time in 1984 in the sports of shooting, yachting (now sailing) and road cycling. However, it was only in 1992 that separate women’s event were introduced in shooting. Coming back to athletics, women’s walk events were introduced in 1992 while the pole vault and hammer throw made their first appearance in 2000 while the steeplechase had to wait till 2008 to make its debut. The women’s 50 km walk will be raced for the maiden time in 2024. The only event that now has different measures for women and men in decathlon and heptathlon. But though women’s decathlon exists, there is very little enthusiasm for the same among women given their heavy investment in heptathlon.

 

Women while allowed to compete in shooting still do not have parity in terms of events relative to men. It is only in 2021 postponed Tokyo Olympics, that there will be equal number of events though not the same events for men and women apart from the mixed events. The emphasis on mixed events have resulted in such events being part of Tokyo Olympics among athletic relays, swimming relays, archery among other sports besides usual suspects like lawn tennis, badminton and table tennis. Women achieved parity with men in cycling in terms of events in 2012 even though a considerable gap exists in distances raced by men and women in road race and road time trial.

 

In team sports, the quest for parity has been equally tough. Women made their appearance along with their male counterparts in volleyball in 1964, however many other team sports continued to have men only events for long. Women’s field hockey was introduced in 1980 while soccer had to wait till 1996 for its maiden appearance. Given the new sports will have to factor both men and women’s disciplines, rugby 7s had its debut for both men and women in 2016. Women’s ice hockey made its appearance in 1992 winter edition.

 

Rowing and canoeing again had differences between men and women. In fact Canadian events in canoeing do not happen for women and the first such events will be introduced in the now postponed Tokyo Olympics. Rowing still doesn’t have parity of events. Women canoeists race for 200 and 500 metres unlike their male counterparts who race over 200 and 1000 metres. Sailing too has different events for men and women though it is presumably based on the relative weights.

 

Winter sports too had their differences in male and female events. A prolonged fight including a long drawn litigation finally made IOC introduce women’s ski jumping in 2018 winter edition. In fact, Nordic combined still is out of bounds for women though it is likely that it will make its debut in 2002 Winter edition in Beijing. There is still no four person women’s bobsled nor women’s doubles luge though women can participate in the mixed or the open events. In fact in the first edition of the Winter Olympics in 1924, there were only 11 women participating in two events. Some mixed events in skiing and curling have made their way into the Olympic movement. Yet, the distances raced in the Nordic skiing and biathlon differ from men and women with women racing shorter distances.

 

Women were presumed not have the attributes essential for combat sports. Hence they were kept out of combat sports. Women made their first appearance in judo in 1992 while taekwondo saw women making debut along with the men in 2000. Wrestlers had to wait till 2004 but it was different discipline, a variant of men’s freestyle. Women’s Greco-Roman does not have a formal competition even today. Women puglists registered their participation in 2012 in three categories as compared to ten for men. The women’s categories are expected to increase to five in time for Paris 2024. Analogus to combat sports, women were deemed unfit to participate in strength sports like weightlifting have to wait till 2000 before their debut. Gymnastics has different events for men and women. While men are expected to perform to demonstrate their physical attributes and exertion, women’s gymnastics is more about aesthetic expression. As a result, while women’s floor exercises are performed to music, no such thing happens for the men’s event. Interestingly, rhythmic gymnastics is an exclusive preserve of women, the other being synchronized swimming.

 

As one observes the above timeline, it indicates the relatively tougher path women have to take in making their appearances in different events in Olympics. It was in 2016, that women’s participation touched around 50% the same as men. The last country to send a woman competitor was Saudi Arabia in 2012. Until then, Saudis had not sent any women to participate. With passage of time, women’s participation will increase and the parity with men likely to happen across almost all sports. In fact, equestrian is one such sport which doesn’t make a distinction between men and women with every event being open event. Yet, dressage is seen as primarily women’s event with jumping aligned towards men. What is undisputed however at this stage is while women’s events are getting equal in number to men, the road to equality in terms of the same events being contested might take a longer time. The journey however continues with no abatement of enthusiasm and exuberance despite an occasional frustration or two.


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