Literature DB >> 12822837

Grouping and gambling: a Gestalt approach to understanding the gambler's fallacy.

Christopher J R Roney1, Lana M Trick.   

Abstract

The gambler's fallacy was examined in terms of grouping processes. The gambler's fallacy is the tendency to erroneously believe that for independent events, recent or repeated instances of an outcome (e.g., a series of "heads" when flipping a coin) will make that outcome less likely on an upcoming trial. Grouping was manipulated such that a critical trial following a run of heads or tails was grouped together with previous trials (i.e., the last trial of "Block 1") or was the first trial of another group (the first trial of "Block 2"). As predicted, the gambler's fallacy was evident when the critical trial was grouped with the previous trials, but not when it was arbitrarily grouped with the next block of trials. Discussion centres on the processes underlying the gambler's fallacy and practical implications of these findings.

Mesh:

Year:  2003        PMID: 12822837     DOI: 10.1037/h0087414

Source DB:  PubMed          Journal:  Can J Exp Psychol        ISSN: 1196-1961


  12 in total

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