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Predicting Outcomes in a Sequence of Binary Events: Belief Updating and Gambler's Fallacy Reasoning

Beliefs like the Gambler's Fallacy and the Hot Hand have interested cognitive scientists, economists, and philosophers for centuries. We propose that these judgment patterns arise from the observer's mental models of the sequence‐generating mechanism, moderated by the strength of belief in...

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Detalles Bibliográficos
Autores principales: Rao, Kariyushi, Hastie, Reid
Formato: Online Artículo Texto
Lenguaje:English
Publicado: John Wiley and Sons Inc. 2023
Materias:
Acceso en línea:https://www.ncbi.nlm.nih.gov/pmc/articles/PMC10078382/
https://www.ncbi.nlm.nih.gov/pubmed/36680427
http://dx.doi.org/10.1111/cogs.13211