Within-series momentum in hockey: No returns for running up the score
Kevin M. Kniffin and
Vince Mihalek
Economics Letters, 2014, vol. 122, issue 3, 400-402
Abstract:
Drawing on data from 916 Division 1 men’s college hockey games played during a recent six-year period in the Western Collegiate Hockey Association (WCHA), we find evidence that positive momentum within 458 two-game series does not exist when controlling for team quality. We find that neither victory nor the margin of victory in Game 1 of a two-game series is predictive of the outcome of Game 2. We suggest that loss aversion should be considered in relation to questions of momentum.
Keywords: Momentum; Hot hand; Sports; Loss aversion; Risk (search for similar items in EconPapers)
JEL-codes: J3 J4 L83 (search for similar items in EconPapers)
Date: 2014
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Citations: View citations in EconPapers (6)
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Persistent link: https://EconPapers.repec.org/RePEc:eee:ecolet:v:122:y:2014:i:3:p:400-402
DOI: 10.1016/j.econlet.2013.12.033
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