Hot Hands and Hoops: Irrational Belief in the NBA

The Huffington Post:

Professional basketball begins again next week, and dedicated fans will be happy to put last year’s labor disputes and lockout behind them. But many will also remember 2011-2012 as a magical season. It was the season of Jeremy Lin, a New York Knicks point guard who, for a few weeks last winter, captured the country’s imagination.

Lin was an unheralded and undrafted bench player from Harvard, one of the few Asian Americans in the NBA, whose unlikely hot streak landed him on the cover of Sports Illustrated — twice, back to back. He made headlines beyond the sporting press as well, from Time to the Associated Press, and was the subject of seven instant books. He inspired a huge merchandising rush and a new lexicon, including an official new English word: Linsanity.

Read the whole story: The Huffington Post

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