Skip to main content

One doc tagged with "sports"

View all tags

Hot Hand Fallacy

The Hot Hand Fallacy is the belief that a person who has experienced recent successes in a random or semi-random process has a higher probability of continued success — that they are "on a hot streak" and will continue to perform well. First studied by Gilovich, Vallone, and Tversky (1985) in basketball, it is the mirror image of the Gambler's Fallacy, and its relationship with genuine skill-based streaks is more nuanced than originally thought.