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Within-series momentum in hockey: No returns for running up the score

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  • Kniffin, Kevin M.
  • Mihalek, Vince

Abstract

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.

Suggested Citation

  • Kniffin, Kevin M. & Mihalek, Vince, 2014. "Within-series momentum in hockey: No returns for running up the score," Economics Letters, Elsevier, vol. 122(3), pages 400-402.
    • Handle: RePEc:eee:ecolet:v:122:y:2014:i:3:p:400-402
    DOI: 10.1016/j.econlet.2013.12.033
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    References listed on IDEAS

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    Cited by:

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    2. DeAngelo, Gregory & Humphreys, Brad R. & Reimers, Imke, 2017. "Are public and private enforcement complements or substitutes? Evidence from high frequency data," Journal of Economic Behavior & Organization, Elsevier, vol. 141(C), pages 151-163.
    3. Morgulev, Elia, 2023. "Streakiness is not a theory: On “momentums” (hot hands) and their underlying mechanisms," Journal of Economic Psychology, Elsevier, vol. 96(C).
    4. Lackner, Mario & Weichselbaumer, Michael, 2023. "Can barely winning lead to losing? Gender and past performance," Journal of Economic Behavior & Organization, Elsevier, vol. 208(C), pages 258-274.
    5. Vojtech Kotrba, 2023. "Testing “hot hand” hypothesis at the individual athletes' level in soccer," Economics Bulletin, AccessEcon, vol. 43(3), pages 1356-1365.

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    More about this item

    Keywords

    Momentum; Hot hand; Sports; Loss aversion; Risk;
    All these keywords.

    JEL classification:

    • J3 - Labor and Demographic Economics - - Wages, Compensation, and Labor Costs
    • J4 - Labor and Demographic Economics - - Particular Labor Markets
    • L83 - Industrial Organization - - Industry Studies: Services - - - Sports; Gambling; Restaurants; Recreation; Tourism

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