期刊
ECONOMICS LETTERS
卷 122, 期 3, 页码 400-402出版社
ELSEVIER SCIENCE SA
DOI: 10.1016/j.econlet.2013.12.033
关键词
Momentum; Hot hand; Sports; Loss aversion; Risk
类别
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. (C) 2013 Elsevier B.V. All rights reserved.
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