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~subject:"gambler's fallacy"
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1
Judgment error in lottery play : when the
hot
hand
meets the gambler's fallacy
Kong, Qingxia
;
Granic, Georg D.
;
Lambert, Nicolas
;
Teo, …
- In:
Management science : journal of the Institute for …
66
(
2020
)
2
,
pp. 844-862
Persistent link: https://www.econbiz.de/10012213245
Saved in:
2
Why Do People Pay for Useless Advice? Implications of Gambler's and
Hot-Hand
Fallacies in False-Expert Setting
Powdthavee, Nattavudh
;
Riyanto, Yohanes E.
-
Institute for the Study of Labor (IZA)
-
2012
We investigated experimentally whether people can be induced to believe in a non-existent expert, and subsequently pay for what can only be described as transparently useless advice about future chance events. Consistent with the theoretical predictions made by Rabin (2002) and Rabin and Vayanos...
Persistent link: https://www.econbiz.de/10011279343
Saved in:
3
Why do people pay for useless advice? Implications of gambler's and
hot-hand
fallacies in false-expert setting
Powdthavee, Nattavudh
;
Riyanto, Yohanes E.
-
2012
We investigated experimentally whether people can be induced to believe in a non-existent expert, and subsequently pay for what can only be described as transparently useless advice about future chance events. Consistent with the theoretical predictions made by Rabin (2002) and Rabin and Vayanos...
Persistent link: https://www.econbiz.de/10010282207
Saved in:
4
Disentangling two causes of biased probability judgment: Cognitive skills and perception of randomness
Duttle, Kai
-
2015
, the
hot
hand
fallacy. The first factor is cognitive ability, measured in a cognitive reflection test. The second one is … einerseits, oder aber dem genauen Gegenstück, der
Hot
Hand
Fallacy. Der erste Faktor ist die kognitive Fähigkeit, welche in einem …
Persistent link: https://www.econbiz.de/10011307518
Saved in:
5
Rationality of weather predictions and insurance purchases : testing the gambler's and
hot
hand
fallacies
Doidge, Mary
;
Feng, Hongli
;
Hennessy, David A.
- In:
Applied economics
51
(
2019
)
32
,
pp. 3498-3515
Persistent link: https://www.econbiz.de/10012196863
Saved in:
6
“Rational” or “Intuitive”: Are Behavioral Biases Correlated Across Stock Market Investors?
Kudryavtsev, Andrey
;
Cohen, Gil
;
Hon-Snir, Shlomit
- In:
Contemporary Economics
7
(
2013
)
2
,
pp. 31-53
heuristic, gambler's fallacy and
hot
hand
fallacy-on the mechanisms of stock market decision making and, in particular, the …
Persistent link: https://www.econbiz.de/10010436025
Saved in:
7
Not all streaks are the same: Individual differences in risk preferences during runs of gains and losses
Ball, Christopher T.
- In:
Judgment and Decision Making
7
(
2012
)
4
,
pp. 452-461
decision making biases that relate to faulty conceptions of chance and luck, such as the gambler's fallacy and the
hot
hand
…
Persistent link: https://www.econbiz.de/10010559831
Saved in:
8
Predicting Lotto Numbers
Suetens, Sigrid
;
Jorgensen, C.B.
;
Tyran, J.R.
-
Tilburg University, Center for Economic Research
-
2011
they move away from numbers that are on streak, i.e. have been drawn several weeks in a row, consistent with the "
hot
hand
…
Persistent link: https://www.econbiz.de/10011091239
Saved in:
9
Gambler's fallacy,
hot
hand
belief, and the time of patterns
Sun, Yanlong
;
Wang, Hongbin
- In:
Judgment and Decision Making
5
(
2010
)
2
,
pp. 124-132
The gambler's fallacy and the
hot
hand
belief have been classified as two exemplars of human misperceptions of random … justify the prediction by the gambler's fallacy, but paying attention to streaks in the
hot
hand
belief appears to be …
Persistent link: https://www.econbiz.de/10008565936
Saved in:
10
The gambler's fallacy in retrospect: A supplementary comment on Oppenheimer and Monin (2009)
Matthews, William J.
- In:
Judgment and Decision Making
5
(
2010
)
2
,
pp. 133-137
Oppenheimer and Monin (2009) recently found that subjectively rare events are taken to indicate a longer preceding sequence of unobserved trials than subjectively common events, an effect which they refer to as the retrospective gambler's fallacy. The current paper extends this idea to the...
Persistent link: https://www.econbiz.de/10008565939
Saved in:
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