Hot hand experimental data

Published: 17 May 2022| Version 1 | DOI: 10.17632/2b6z9796wg.1
Marcleiton Morais


That is the Raw Data of the manuscript “Does the hot hand belief endogenously affect individual portfolio selection?”. Two Research Ethics Committees approved the experiment used in the paper, one by technical decision No 2.558.540 of the University of Brasilia (UnB), and the other by technical decision No 2.850.741 of the Federal University of Tocantins (UFT). We recruited two hundred twenty-six (226) undergraduate students of various majors from the UFT and the UnB. The final sample contained two hundred eight (208) individuals, one hundred and six (106) students comprised the treatment I group, and one hundred two (102) in the treatment II group.



Universidade de Brasilia, Universidade Federal do Tocantins


Portfolio Choice, Behavioral Finance, Behavioral Economics, Experimental Economics, Attitude and Beliefs