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‘Put Your Money Where Your Mouth Is!’: Effects of Streaks on Confidence and Betting in a Binary Choice Task

Human choice under uncertainty is influenced by erroneous beliefs about randomness. In simple binary choice tasks, such as red/black predictions in roulette, long outcome runs (e.g. red, red, red) typically increase the tendency to predict the other outcome (i.e. black), an effect labeled the “gambl...

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Bibliografiske detaljer
Udgivet i:J Behav Decis Mak
Main Authors: Studer, Bettina, Limbrick-Oldfield, Eve H, Clark, Luke
Format: Artigo
Sprog:Inglês
Udgivet: BlackWell Publishing Ltd 2015
Fag:
Online adgang:https://ncbi.nlm.nih.gov/pmc/articles/PMC4515090/
https://ncbi.nlm.nih.gov/pubmed/26236092
https://ncbi.nlm.nih.govhttp://dx.doi.org/10.1002/bdm.1844
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