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Joshua Miller | The hot hand fallacy fallacy

Personalise
Male and female professionals discussing in board room. Disabled businesswoman communicating with coworkers in meeting. They are at office.
Time
28/08/2018 - 12:00 - 13:00
Address
Room 464, 91色情片 Business School, 91色情片

Description

  • August 28, 2020
  • Speaker:
  • Topic: The Hot Hand Fallacy Fallacy

Abstract

The hot hand fallacy has long been considered a massive and widespread cognitive illusion with important implications for economics and finance.聽 We uncover a subtle, but critical, statistical bias that invalidates previous evidence supporting the hot hand fallacy in its canonical domain, basketball shooting. We re-assess and re-analyze basketball shooting and betting data. We find that the hot hand exists, and that players can bet on it successfully.

About the speaker

聽 is visiting from the University of Alicante. He is doing very interesting work on the and related problems. (Econometrica had the good sense to recently accept a key paper in his series of papers with Adam Sanjurjo for publication.)