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Kahneman, D. and Tversky, A. (1982) Intuitive Prediction: Biases and Corrective Procedures. In: Kahneman, D., Slovic, P. and Tversky, A., Eds., Judgment under Uncertainty: Heuristics and Biases, Cambridge University Press, Cambridge, 414-421. https://doi.org/10.1017/CBO9780511809477.031

has been cited by the following article:

• TITLE: Regressive Prediction Is the Best Way to Forecast Sports Outcomes: Evidence from Brazilian Soccer

  AUTHORS: Murilo Silva, Sergio Da Silva

  KEYWORDS: Soccer, Sports Outcomes Forecast, Regression to the Mean, Regressive Prediction, Luck

  JOURNAL NAME: Open Access Library Journal, Vol.6 No.3, March 6, 2019

  ABSTRACT: We illustrate through a case study that regressive prediction is the best method to forecast sports outcomes. By taking predictions of promotion to first division soccer from a mathematician from one of the most famous sports websites in Brazil, we show that making Bayesian updates is misleading when we expect regression to the mean. The expert failed to realize that the more extreme the results are, the more regression is expected, because extremely good scores suggest very lucky days.