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dc.contributor.authorParsons, S.
dc.contributor.authorRohde, N.
dc.contributor.editorRohde, Nicholas
dc.contributor.editorNaranpanawa, Athula
dc.date.accessioned2020-01-16T08:08:32Z
dc.date.available2020-01-16T08:08:32Z
dc.date.issued2014
dc.identifier.issn1837-7750
dc.identifier.otherRePEc:gri:epaper:economics:201403
dc.identifier.urihttp://hdl.handle.net/10072/390322
dc.description.abstractPrevious studies have illustrated human misperceptions of randomness and resultant suboptimal decision making with reference to the "hot hand" or momentum effect in sport, the notion of serial dependency between outcomes. However, issues of omitted variables bias have plagued many due to a historical reliance on nonparametric techniques or basic regression models. This paper examines across-game and within-game momentum in the English Premier League football competition using fixed effects regressions to control for time-invariant heterogeneity in conjunction with traditional nonparametric techniques. Although the results show evidence of performance reversal following winning streaks, no such evidence is found for streaks of draws or losses or in goal scoring performance within games. This suggests momentum is better suited as a post hoc label of performance than a robust causal phenomenon.
dc.format.extent25 pages
dc.languageEnglish
dc.publisherGriffith University
dc.publisher.placeBrisbane, Australia
dc.relation.ispartofpagefrom1
dc.relation.ispartofpageto25
dc.subject.keywordsD84 - Expectations; Speculations
dc.subject.keywordsD83 - Search; Learning; Information and Knowledge; Communication; Belief
dc.subject.keywordsL83 - Sports; Gambling; Recreation; Tourism
dc.subject.keywordsD03 - Behavioral Economics: Underlying Principles
dc.subject.keywordsPanel data
dc.subject.keywordsHot hand
dc.subject.keywordsMomentum
dc.subject.keywordsFootball
dc.subject.keywordsSoccer
dc.subject.keywordsGroup dynamics
dc.title2014-03: The hot hand fallacy re-examined: New evidence from the English Premier League (Working paper)
dc.typeReport
dc.type.descriptionDiscussion Paper
gro.facultyGriffith Business School
gro.description.notepublicEconomics and Business Statistics
gro.rights.copyrightCopyright © 2010 by author(s). No part of this paper may be reproduced in any form, or stored in a retrieval system, without prior permission of the author(s).
gro.date.issued2013
gro.hasfulltextFull Text
gro.griffith.authorParsons, Stephanie R.
gro.griffith.authorRohde, Nicholas


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