Is it a fallacy to believe in the hot hand in the NBA three-point contest?

Joshua B. Miller and Adam Sanjurjo

European Economic Review, 2021, vol. 138, issue C

Abstract: The NBA Three-Point Contest has been considered an ideal setting to study the hot hand, as it showcases the elite professional shooters that hot hand beliefs are typically directed towards, but in an environment that eliminates many of the confounds present in game action. We collect 34 years of NBA Three-Point Contest television broadcast data (1986–2020), apply a statistical approach that improves on those of previous studies, and find considerable evidence of hot hand shooting in and across individuals. Our results support fans’ and experts’ widely held belief in the hot hand among NBA shooters.

Keywords: Hot hand fallacy; Hot hand effect (search for similar items in EconPapers)
JEL-codes: C12 C14 C91 C93 D03 (search for similar items in EconPapers)
Date: 2021
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (5)

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Persistent link: https://EconPapers.repec.org/RePEc:eee:eecrev:v:138:y:2021:i:c:s0014292121001240

DOI: 10.1016/j.euroecorev.2021.103771

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