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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Bibliographic Details
Main Authors: Di Wang, Yutong Li
Format: Article
Language:English
Published: Nature Portfolio 2025-01-01
Series:Scientific Reports
Subjects:
Online Access:https://doi.org/10.1038/s41598-024-84929-5
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