Success breeds success: Physiological, psychological, and economic perspectives of momentum (hot hand)

The literature on momentum (hot hand) is broad and diverse, and is addressed in a range of fields, including sports, marketing, finance, politics, and even warfare. Yet this term is readily (and often uncritically) borrowed across domains, to simply refer to serial dependency in data. As such, resea...

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Main Author: Elia Morgulev
Format: Article
Language:English
Published: KeAi Communications Co. Ltd. 2023-06-01
Series:Asian Journal of Sport and Exercise Psychology
Subjects:
Online Access:http://www.sciencedirect.com/science/article/pii/S2667239123000102
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author Elia Morgulev
author_facet Elia Morgulev
author_sort Elia Morgulev
collection DOAJ
description The literature on momentum (hot hand) is broad and diverse, and is addressed in a range of fields, including sports, marketing, finance, politics, and even warfare. Yet this term is readily (and often uncritically) borrowed across domains, to simply refer to serial dependency in data. As such, researchers may conveniently use the concept of momentum as a framework for study of streakiness in their given field, without specifying that each type of momentum differs greatly in terms of its underlying mechanisms (i.e., mediators). The field of judgment and decision-making (JDM) is an additional domain in which momentum has become a highly debated topic. In this paper, I consider the success-breeds-success phenomenon in sports competitions, and elaborate on three groups of mediators: (1) In biology, researchers are greatly interested in physiological responses to success in agnostic encounters (among both animals and humans), known as the winner effect; (2) In psychology, efficacy, motivation, concentration, and determination have been proposed as mediators of the success-breeds-success phenomenon; (3) In economics, according to game theory, early success in competitions can shift players’ net value of winning, namely, increasing or decreasing incentives for investing additional efforts. Based on these three theoretical perspectives, in this paper I advocate for the use of psychophysiological momentum with regards to sports competitions, while attempting to reconcile the longstanding debate about momentum that is seen in JDM-related literature.
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spelling doaj.art-670f9273e61a460eab9e1dfe8c111e6f2023-05-24T04:21:16ZengKeAi Communications Co. Ltd.Asian Journal of Sport and Exercise Psychology2667-23912023-06-013137Success breeds success: Physiological, psychological, and economic perspectives of momentum (hot hand)Elia Morgulev0Kaye Academic College of Education, Beer-Sheva, Israel; Levinsky-Wingate Academic College (Wingate Campus), Netanya, Israel; Correspondence to: Kaye Academic College of Education, Beer-Sheva, Israel.The literature on momentum (hot hand) is broad and diverse, and is addressed in a range of fields, including sports, marketing, finance, politics, and even warfare. Yet this term is readily (and often uncritically) borrowed across domains, to simply refer to serial dependency in data. As such, researchers may conveniently use the concept of momentum as a framework for study of streakiness in their given field, without specifying that each type of momentum differs greatly in terms of its underlying mechanisms (i.e., mediators). The field of judgment and decision-making (JDM) is an additional domain in which momentum has become a highly debated topic. In this paper, I consider the success-breeds-success phenomenon in sports competitions, and elaborate on three groups of mediators: (1) In biology, researchers are greatly interested in physiological responses to success in agnostic encounters (among both animals and humans), known as the winner effect; (2) In psychology, efficacy, motivation, concentration, and determination have been proposed as mediators of the success-breeds-success phenomenon; (3) In economics, according to game theory, early success in competitions can shift players’ net value of winning, namely, increasing or decreasing incentives for investing additional efforts. Based on these three theoretical perspectives, in this paper I advocate for the use of psychophysiological momentum with regards to sports competitions, while attempting to reconcile the longstanding debate about momentum that is seen in JDM-related literature.http://www.sciencedirect.com/science/article/pii/S2667239123000102MomentumHot handSuccess breeds successWinner effect
spellingShingle Elia Morgulev
Success breeds success: Physiological, psychological, and economic perspectives of momentum (hot hand)
Asian Journal of Sport and Exercise Psychology
Momentum
Hot hand
Success breeds success
Winner effect
title Success breeds success: Physiological, psychological, and economic perspectives of momentum (hot hand)
title_full Success breeds success: Physiological, psychological, and economic perspectives of momentum (hot hand)
title_fullStr Success breeds success: Physiological, psychological, and economic perspectives of momentum (hot hand)
title_full_unstemmed Success breeds success: Physiological, psychological, and economic perspectives of momentum (hot hand)
title_short Success breeds success: Physiological, psychological, and economic perspectives of momentum (hot hand)
title_sort success breeds success physiological psychological and economic perspectives of momentum hot hand
topic Momentum
Hot hand
Success breeds success
Winner effect
url http://www.sciencedirect.com/science/article/pii/S2667239123000102
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