Joshua Miller | The hot hand fallacy fallacy
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.)