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A Cold Shower for the Hot Hand Fallacy: Robust Evidence that Belief in the Hot Hand is Justified
16 references·14 citing·39 second hop
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References

  • 2008Nudge: improving decisions about health, wealth, and happiness11,572 cited
  • 1982Self-efficacy mechanism in human agency.1,947 cited
  • 1985The hot hand in basketball: On the misperception of random sequences1,648 cited
  • 2003Chapter 18 A survey of behavioral finance1,452 cited
  • 2002A Survey of Behavioral Finance1,181 cited
  • 1988The flow experience and its significance for human psychology1,037 cited
  • 1998Aspects of Investor Psychology708 cited
  • 1993Betting on trends: Intuitive forecasts of financial risk and return586 cited
  • 1991The Survival of Noise Traders in Financial Markets572 cited
  • 1988The Survival of Noise Traders in Financial Markets529 cited
  • 2009The Gambler's and Hot-Hand Fallacies: Theory and Applications381 cited
  • 2005The Gambler’s Fallacy and the Hot Hand: Empirical Data from Casinos373 cited
  • 2006Biases in casino betting: The hot hand and the gambler’s fallacy188 cited
  • 2008Gambling at Lucky Stores: Empirical Evidence from State Lottery Sales143 cited
  • 2007The rule of three: How the third event signals the emergence of a streak122 cited
  • 2009

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Poker Player Behavior After Big Wins and Big Losses
94 cited

Cited by

  • 2018Surprised by the Hot Hand Fallacy? A Truth in the Law of Small Numbers187 cited
  • 2017The Hot-Hand Fallacy: Cognitive Mistakes or Equilibrium Adjustments? Evidence from Major League Baseball113 cited
  • 2017Psychological momentum and gender82 cited
  • 2016Extrapolative Beliefs in Perceptual and Economic Decisions: Evidence of a Common Mechanism57 cited
  • 2016Decision-Making under the Gambler's Fallacy: Evidence from Asylum Judges, Loan Officers, and Baseball Umpires56 cited
  • 2015Surprised by the Gambler's and Hot Hand Fallacies? A Truth in the Law of Small Numbers47 cited
  • 2015Banking on experiments?40 cited
  • 2021A description–experience gap in statistical intuitions: Of smart babies, risk-savvy chimps, intuitive statisticians, and stupid grown-ups36 cited
  • 2018Errors in Probabilistic Reasoning and Judgment Biases9 cited
  • 2016Rational Decision-Making under Uncertainty: Observed Betting Patterns on a Biased Coin5 cited
  • 2018A Visible (Hot) Hand? Expert Players Bet on the Hot Hand and Win5 cited
  • 2016The price of luck: paying for the hot hand of others4 cited
  • 2017A Visible Hand? Betting on the Hot Hand in Gilovich, Vallone, and Tversky (1985)3 cited
  • 2015Decision-Making under the Gambler's Fallacy: Evidence from Asylum Judges, Loan Officers, and Baseball Umpires2 cited