Browsing Faculty Research Publications (Economics) by Title

Now showing items 2-4 of 4

Measurement error and the hot hand

Stone, Daniel F. (Taylor & Francis, 2012-02)

This paper shows the first autocorrelation of basketball shot results is a highly biased and inconsistent estimator of the first autocorrelation of the ex ante probabilities the shots are made. Shot result autocorrelat ...
Optimally managing a stochastic renewable resource under general economic conditions

McGough, Bruce; Plantinga, Andrew J.; Costello, Christopher (Berkeley Electronic Press, 2009-12-28)

Empirical evidence indicates that environmental fluctuations have important effects on fisheries production. However, existing analytical solutions of stochastic fisheries models have been produced only under highly si ...
Sub-Perfect Game: Profitable Biases of NBA Referees

Price, Joseph; Remer, Marc; Stone, Daniel F. (John Wiley & Sons, Inc., 2012-01-18)

This paper empirically investigates three hypotheses regarding biases of National Basketball Association (NBA) referees. Using a sample of 28,388 quarter-level observations from six seasons, we find that referees make ca ...