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Posts Tagged ‘Decision Making’

Is there truth to the Hot-Hand Fallacy?

April 27th, 2018 2 comments

Have you ever been playing a game of basketball with friends and then you make a shot, and then you make the next one? Did your confidence suddenly go up, despite the fact that the chances of you making the shot again are exactly the same as they were before? You, my friend, have just fallen victim to the hot hand fallacy.  The hot hand fallacy is the belief that because a person has had a successful experience with one event they will be able to reproduce the same event with success again or vice versa where if they miss they are more likely to miss again. The hot hand fallacy has been accepted by the psychology community as a cognitive illusion. A mistake in processing and in pattern recognition, but what if the hot-hand fallacy is not a fallacy at all?

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