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Testing “hot hand” hypothesis at the individual athletes' level in soccer

Author

Listed:
  • Vojtech Kotrba

    (Department of Economics, Prague University of Economics and Business)

Abstract

The existence of a hot hand in individual athletes' performance in soccer under fantasy sports rules is investigated in this paper. It is also investigated whether fantasy sports users use this heuristic in selecting their squads. Using unique data of the performance of athletes and fantasy sports users' demand for them, the results show some existence of a hot hand, however, it fails to explain most future performance. Hot hand explains about 10 percent of the variability in future performance data. However, it explains more than 60 percent of the variability in fantasy sports user demand data. It is crucial to acknowledge that the outcomes often exhibit a higher level of noise compared to the expected results.

Suggested Citation

  • Vojtech Kotrba, 2023. "Testing “hot hand” hypothesis at the individual athletes' level in soccer," Economics Bulletin, AccessEcon, vol. 43(3), pages 1356-1365.
    • Handle: RePEc:ebl:ecbull:eb-23-00052
    as

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    File URL: http://www.accessecon.com/Pubs/EB/2023/Volume43/EB-23-V43-I3-P115.pdf
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    References listed on IDEAS

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    More about this item

    Keywords

    Fantasy sport; English Premier League; Competition; Media; Performance;
    All these keywords.

    JEL classification:

    • D7 - Microeconomics - - Analysis of Collective Decision-Making
    • L8 - Industrial Organization - - Industry Studies: Services

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