The number of available sample observations modulates gambler’s fallacy in betting behaviors
Abstract The gambler’s fallacy is a prevalent cognitive bias in betting behaviors, characterized by the mistaken belief that an independent and identically distributed random process exhibits negative serial correlation. This misconception often arises when individuals observe a series of realized o...
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Main Authors: | , |
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Format: | Article |
Language: | English |
Published: |
Nature Portfolio
2025-01-01
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Series: | Scientific Reports |
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Online Access: | https://doi.org/10.1038/s41598-024-84929-5 |
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