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dc.contributor.authorParsons, Stephanie
dc.contributor.authorRohde, Nicholas
dc.date.accessioned2018-10-16T03:41:29Z
dc.date.available2018-10-16T03:41:29Z
dc.date.issued2015
dc.identifier.issn0003-6846
dc.identifier.doi10.1080/00036846.2014.969830
dc.identifier.urihttp://hdl.handle.net/10072/99173
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 reliance on nonparametric techniques or basic regression models. This article examines across-game and within-game momentum in the English Premier League (EPL) 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 that momentum is better suited as a post hoc label of performance than a robust causal phenomenon.
dc.description.peerreviewedYes
dc.languageEnglish
dc.language.isoeng
dc.publisherRoutledge
dc.relation.ispartofpagefrom347
dc.relation.ispartofpageto357
dc.relation.ispartofissue4
dc.relation.ispartofjournalApplied Economics
dc.relation.ispartofvolume47
dc.subject.fieldofresearchApplied Economics not elsewhere classified
dc.subject.fieldofresearchApplied Economics
dc.subject.fieldofresearchEconometrics
dc.subject.fieldofresearchBanking, Finance and Investment
dc.subject.fieldofresearchcode140299
dc.subject.fieldofresearchcode1402
dc.subject.fieldofresearchcode1403
dc.subject.fieldofresearchcode1502
dc.titleThe hot hand fallacy re-examined: new evidence from the English Premier League
dc.typeJournal article
dc.type.descriptionC1 - Articles
dc.type.codeC - Journal Articles
gro.facultyGriffith Business School, Department of Accounting, Finance and Economics
gro.hasfulltextNo Full Text
gro.griffith.authorParsons, Stephanie R.
gro.griffith.authorRohde, Nicholas


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