Correcting for bias in hot hand analysis: Analyzing performance streaks in youth golf

Christopher Cotton, Frank McIntyre and Joseph Price

No 274692, Queen's Economics Department Working Papers from Queen's University - Department of Economics

Abstract: This paper illustrates the problems that arise with traditional tests for the hot hand and proposes instead using a consistent dynamic panel data estimator, which corrects for these problems and is easy to implement. Applying this estimator to a large dataset of amateur, youth golfers, we find no evidence of either hot or cold hand effects. When we restrict attention to the most-amateur of the golfers in our data, we do see weak evidence of a small hot hand. Thus casual athletes may experience small hot hands, but the effect does not persist among more serious athletes. This may give insight into why the belief in the hot hand in professional sports exists, even when the evidence suggests otherwise.

Keywords: Financial; Economics (search for similar items in EconPapers)
Pages: 1366
Date: 2016-09
New Economics Papers: this item is included in nep-spo
References: Add references at CitEc
Citations:

Downloads: (external link)
https://ageconsearch.umn.edu/record/274692/files/qed_wp_1366.pdf (application/pdf)

Related works:
Working Paper: Correcting For Bias In Hot Hand Analysis: Analyzing Performance Streaks In Youth Golf (2016)
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:ags:quedwp:274692

DOI: 10.22004/ag.econ.274692

Access Statistics for this paper

More papers in Queen's Economics Department Working Papers from Queen's University - Department of Economics Contact information at EDIRC.
Bibliographic data for series maintained by AgEcon Search ().