Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/167770
Authors: 
Waggoner, Benjamin
Wines, Daniel
Soebbing, Brian P.
Seifried, Chad S.
Martinez, Jean Michael
Year of Publication: 
2014
Citation: 
[Journal:] International Journal of Financial Studies [ISSN:] 2227-7072 [Volume:] 2 [Year:] 2014 [Issue:] 4 [Pages:] 359-370
Abstract: 
Several articles have looked at factors that affect the adjustments of point spreads, based on hot hands or streaks, for smaller durations of time. This study examines these effects for 34 regular seasons in the National Basketball Association (NBA). Estimating a Seemingly Unrelated Regression model using all 34 seasons, all streaks significantly impacted point spreads and difference in actual points. When estimating each season individually, differences emerged particularly examining winning and losing streaks of six games or more. The results indicate both the presence of momentum effects and the gambler's fallacy.
Subjects: 
basketball
hot hand
streak
point spread
NBA (National Basketball Association) basketball
hot hand
streak
point spread
NBA (National Basketball Association)
Persistent Identifier of the first edition: 
Creative Commons License: 
http://creativecommons.org/licenses/by/4.0/
Document Type: 
Article

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