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The Hot Hand in the NBA 3-Point Contest: The Importance of Location, Location, Location

Author

Listed:
  • Robert Lantis
  • Erik Nesson

Abstract

We investigate the hot hand in the 1986-2019 NBA 3-Point Shooting Contests. Combining repeated shots in a location and shots across locations, the contest mimics game situations without many of the confounding factors. We find that a hot hand exists in the contest, but only for shots within the same location. Streaks of shots increase a hot hand, but only if the player makes his previous shot and has not moved locations. Our results suggest that while a hot hand does exist in basketball shooting, it is only present when shots are taken from the same shooting location.

Suggested Citation

  • Robert Lantis & Erik Nesson, 2024. "The Hot Hand in the NBA 3-Point Contest: The Importance of Location, Location, Location," Journal of Sports Economics, , vol. 25(3), pages 283-321, April.
  • Handle: RePEc:sae:jospec:v:25:y:2024:i:3:p:283-321
    DOI: 10.1177/15270025231222630
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    More about this item

    Keywords

    hot hand; basketball; NBA; 3-Point Contest;
    All these keywords.

    JEL classification:

    • D81 - Microeconomics - - Information, Knowledge, and Uncertainty - - - Criteria for Decision-Making under Risk and Uncertainty
    • D91 - Microeconomics - - Micro-Based Behavioral Economics - - - Role and Effects of Psychological, Emotional, Social, and Cognitive Factors on Decision Making
    • Z20 - Other Special Topics - - Sports Economics - - - General
    • Z29 - Other Special Topics - - Sports Economics - - - Other

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