The gambler's fallacy and gender
Author
Abstract
Suggested Citation
DOI: 10.1016/j.jebo.2011.06.017
Download full text from publisher
As the access to this document is restricted, you may want to search for a different version of it.
References listed on IDEAS
- Dohmen, Thomas & Falk, Armin & Huffman, David & Marklein, Felix & Sunde, Uwe, 2009.
"Biased probability judgment: Evidence of incidence and relationship to economic outcomes from a representative sample,"
Journal of Economic Behavior & Organization, Elsevier, vol. 72(3), pages 903-915, December.
- Dohmen, Thomas & Falk, Armin & Huffman, David B. & Marklein, Felix & Sunde, Uwe, 2009. "Biased Probability Judgment: Evidence of Incidence and Relationship to Economic Outcomes from a Representative Sample," IZA Discussion Papers 4170, Institute of Labor Economics (IZA).
- Dohmen, Thomas J. & Falk, Armin & Huffman, David & Marklein, Felix & Sunde, Uwe, 2009. "Biased probability judgment: Evidence of incidence and relationship to economic outcomes from a representative sample," Munich Reprints in Economics 20042, University of Munich, Department of Economics.
- Thomas Dohmen & Armin Falk & David Huffman & Felix Marklein & Uwe Sunde, 2009. "Biased Probability Judgment: Evidence of Incidence and Relationship to Economic Outcomes From a Representative Sample," Post-Print hal-00723191, HAL.
- Rachel Croson & James Sundali, 2005. "The Gambler’s Fallacy and the Hot Hand: Empirical Data from Casinos," Journal of Risk and Uncertainty, Springer, vol. 30(3), pages 195-209, May.
- Kearney, Melissa Schettini, 2005.
"State lotteries and consumer behavior,"
Journal of Public Economics, Elsevier, vol. 89(11-12), pages 2269-2299, December.
- Melissa Schettini Kearney, 2002. "State Lotteries and Consumer Behavior," NBER Working Papers 9330, National Bureau of Economic Research, Inc.
- Sigrid Suetens & Claus B. Galbo-Jørgensen & Jean-Robert Tyran, 2016.
"Predicting Lotto Numbers: A Natural Experiment On The Gambler'S Fallacy And The Hot-Hand Fallacy,"
Journal of the European Economic Association, European Economic Association, vol. 14(3), pages 584-607, June.
- Claus Bjørn Jørgensen & Sigrid Suetens & Jean-Robert Tyran, 2011. "Predicting Lotto Numbers," Discussion Papers 11-10, University of Copenhagen. Department of Economics.
- Tyran, Jean-Robert & Suetens, Sigrid & ,, 2011. "Predicting Lotto Numbers," CEPR Discussion Papers 8314, C.E.P.R. Discussion Papers.
- Terrell, Dek, 1994. "A Test of the Gambler's Fallacy: Evidence from Pari-mutuel Games," Journal of Risk and Uncertainty, Springer, vol. 8(3), pages 309-317, May.
- Muriel Niederle & Lise Vesterlund, 2007.
"Do Women Shy Away From Competition? Do Men Compete Too Much?,"
The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 122(3), pages 1067-1101.
- Muriel Niederle & Lise Vesterlund, 2005. "Do Women Shy Away From Competition? Do Men Compete Too Much?," NBER Working Papers 11474, National Bureau of Economic Research, Inc.
- Muriel Niederle & Lise Vesterlund, 2005. "Do Women Shy Away from Competition? Do Men Compete too Much?," Discussion Papers 04-030, Stanford Institute for Economic Policy Research.
- Warneryd, Karl-Erik, 1996. "Risk attitudes and risky behavior," Journal of Economic Psychology, Elsevier, vol. 17(6), pages 749-770, December.
- Gary Charness & Dan Levin, 2005.
"When Optimal Choices Feel Wrong: A Laboratory Study of Bayesian Updating, Complexity, and Affect,"
American Economic Review, American Economic Association, vol. 95(4), pages 1300-1309, September.
- Charness, Gary & Levin, Dan, 2003. "When Optimal Choices Feel Wrong: A Laboratory Study of Bayesian Updating, Complexity, and Affect," University of California at Santa Barbara, Economics Working Paper Series qt7g63k28w, Department of Economics, UC Santa Barbara.
- Sigrid Suetens & Claus B. Galbo-Jørgensen & Jean-Robert Tyran, 2016.
"Predicting Lotto Numbers: A Natural Experiment On The Gambler'S Fallacy And The Hot-Hand Fallacy,"
Journal of the European Economic Association, European Economic Association, vol. 14(3), pages 584-607, June.
- Sigrid Suetens & Claus B. Galbo-Jørgensen & Jean-Robert Tyran, 2016. "Predicting Lotto Numbers: A Natural Experiment on the Gambler's Fallacy and the Hot-Hand Fallacy," Journal of the European Economic Association, European Economic Association, vol. 14(3), pages 584-607.
- Farrell, Lisa & Walker, Ian, 1999. "The welfare effects of lotto: evidence from the UK," Journal of Public Economics, Elsevier, vol. 72(1), pages 99-120, April.
- repec:cup:judgdm:v:1:y:2006:i::p:1-12 is not listed on IDEAS
- Jürgen Huber & Michael Kirchler & Thomas Stöckl, 2010. "The hot hand belief and the gambler’s fallacy in investment decisions under risk," Theory and Decision, Springer, vol. 68(4), pages 445-462, April.
- Catherine C. Eckel & Philip J. Grossman, 2008. "Forecasting Risk Attitudes: An Experimental Study Using Actual and Forecast Gamble Choices," Monash Economics Working Papers archive-01, Monash University, Department of Economics.
- Alok Kumar, 2009. "Who Gambles in the Stock Market?," Journal of Finance, American Finance Association, vol. 64(4), pages 1889-1933, August.
- Sigrid Suetens & Claus B. Galbo-Jørgensen & Jean-Robert Tyran, 2016.
"Predicting Lotto Numbers: A Natural Experiment On The Gambler'S Fallacy And The Hot-Hand Fallacy,"
Journal of the European Economic Association,
European Economic Association, vol. 14(3), pages 584-607, June.
- Jørgensen, Claus Bjørn & Suetens, Sigrid & Tyran, Jean-Robert, 2011. "Predicting Lotto Numbers," CEPR Discussion Papers 8314, C.E.P.R. Discussion Papers.
- Jorgensen, C.B. & Suetens, S. & Tyran, J.R., 2011. "Predicting Lotto Numbers," Discussion Paper 2011-033, Tilburg University, Center for Economic Research.
- Claus Bjørn Jørgensen & Sigrid Suetens & Jean-Robert Tyran, 2011. "Predicting Lotto Numbers," Discussion Papers 11-10, University of Copenhagen. Department of Economics.
- Rachel Croson & Uri Gneezy, 2009. "Gender Differences in Preferences," Journal of Economic Literature, American Economic Association, vol. 47(2), pages 448-474, June.
Citations
Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
Cited by:
- Roger, Patrick & D’Hondt, Catherine & Plotkina, Daria & Hoffmann, Arvid, 2022.
"Number 19: Another Victim of the COVID‐19 Pandemic?,"
LIDAM Reprints LFIN
2022012, Université catholique de Louvain, Louvain Finance (LFIN).
- Patrick Roger & Catherine D’hondt & Daria Plotkina & Arvid Hoffmann, 2023. "Number 19: Another Victim of the COVID-19 Pandemic?," Post-Print hal-04243113, HAL.
- Roger, Patrick & D’Hondt, Catherine & Plotkina, Daria & Hoffmann, Arvid, 2022. "Number 19: Another Victim of the COVID‐19 Pandemic?," LIDAM Discussion Papers LFIN 2022007, Université catholique de Louvain, Louvain Finance (LFIN).
- Duttle, Kai, 2015. "Disentangling two causes of biased probability judgment: Cognitive skills and perception of randomness," Ruhr Economic Papers 568, RWI - Leibniz-Institut für Wirtschaftsforschung, Ruhr-University Bochum, TU Dortmund University, University of Duisburg-Essen.
- Stöckl, Thomas & Huber, Jürgen & Kirchler, Michael & Lindner, Florian, 2015.
"Hot hand and gambler's fallacy in teams: Evidence from investment experiments,"
Journal of Economic Behavior & Organization, Elsevier, vol. 117(C), pages 327-339.
- Thomas Stöckl & Jürgen Huber & Michael Kirchler & Florian Lindner, 2013. "Hot Hand and Gambler's Fallacy in Teams: Evidence from Investment Experiments," Working Papers 2013-04, Faculty of Economics and Statistics, Universität Innsbruck.
- Hao, Jing & Wang, Ziqiao & Zhang, Xiaotao & He, Feng & Chen, Xuehong, 2024. "Culture imprint and gambling preference: Evidence from individual investors' trading in the Chinese stock market," Emerging Markets Review, Elsevier, vol. 60(C).
- repec:cup:judgdm:v:8:y:2013:i:2:p:91-105 is not listed on IDEAS
- repec:cup:judgdm:v:11:y:2016:i:3:p:243-259 is not listed on IDEAS
- Karsten Hueffer & Miguel A. Fonseca & Anthony Leiserowitz & Karen M. Taylor, 2013. "The wisdom of crowds: Predicting a weather and climate-related event," Judgment and Decision Making, Society for Judgment and Decision Making, vol. 8(2), pages 91-105, March.
- Tong V. Wang & Rogier J. D. Potter van Loon & Martijn J. van den Assem & Dennie van Dolder, 2016. "Number preferences in lotteries," Judgment and Decision Making, Society for Judgment and Decision Making, vol. 11(3), pages 243-259, May.
- Brian Dillon & Travis J. Lybbert, 2024. "The gambler’s fallacy prevails in lottery play," Journal of Risk and Uncertainty, Springer, vol. 69(1), pages 33-56, August.
Most related items
These are the items that most often cite the same works as this one and are cited by the same works as this one.- Suetens, Sigrid & Tyran, Jean-Robert, 2012.
"The gambler's fallacy and gender,"
Journal of Economic Behavior & Organization,
Elsevier, vol. 83(1), pages 118-124.
- Suetens, S. & Tyran, J.R., 2011. "The Gambler's Fallacy and Gender," Discussion Paper 2011-011, Tilburg University, Center for Economic Research.
- Joshua B. Miller & Adam Sanjurjo, 2014. "A Cold Shower for the Hot Hand Fallacy," Working Papers 518, IGIER (Innocenzo Gasparini Institute for Economic Research), Bocconi University.
- Daniel J. Benjamin, 2018.
"Errors in Probabilistic Reasoning and Judgment Biases,"
NBER Working Papers
25200, National Bureau of Economic Research, Inc.
- Daniel J. Benjamin, 2018. "Errors in Probabilistic Reasoning and Judgment Biases," GRU Working Paper Series GRU_2018_023, City University of Hong Kong, Department of Economics and Finance, Global Research Unit.
- Daniel Chen & Tobias J. Moskowitz & Kelly Shue, 2016.
"Decision-Making under the Gambler's Fallacy: Evidence from Asylum Judges, Loan Officers, and Baseball Umpires,"
NBER Working Papers
22026, National Bureau of Economic Research, Inc.
- Chen, Daniel L. & Moskowitz, Tobias J. & Shue, Kelly, 2016. "Decision-Making Under the Gambler’s Fallacy: Evidence From Asylum Courts, Loan Officers, and Baseball Umpires," IAST Working Papers 16-43, Institute for Advanced Study in Toulouse (IAST).
- Chen, Daniel L. & Moskowitz, Tobias J. & Shue, Kelly, 2016. "Decision-Making Under the Gambler’s Fallacy: Evidence From Asylum Courts, Loan Officers, and Baseball Umpires," TSE Working Papers 16-674, Toulouse School of Economics (TSE).
- He, Kevin, 2022.
"Mislearning from censored data: The gambler's fallacy and other correlational mistakes in optimal-stopping problems,"
Theoretical Economics, Econometric Society, vol. 17(3), July.
- Kevin He, 2018. "Mislearning from Censored Data: The Gambler's Fallacy and Other Correlational Mistakes in Optimal-Stopping Problems," Papers 1803.08170, arXiv.org, revised Aug 2021.
- Qingxia Kong & Georg D. Granic & Nicolas S. Lambert & Chung Piaw Teo, 2020. "Judgment Error in Lottery Play: When the Hot Hand Meets the Gambler’s Fallacy," Management Science, INFORMS, vol. 66(2), pages 844-862, February.
- Daniel L. Chen & Tobias J. Moskowitz & Kelly Shue, 2016.
"Decision Making Under the Gambler’s Fallacy: Evidence from Asylum Judges, Loan Officers, and Baseball Umpires,"
The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 131(3), pages 1181-1242.
- Daniel Chen & Tobias J. Moskowitz & Kelly Shue, 2016. "Decision-Making under the Gambler's Fallacy: Evidence from Asylum Judges, Loan Officers, and Baseball Umpires," NBER Working Papers 22026, National Bureau of Economic Research, Inc.
- Brian Dillon & Travis J. Lybbert, 2024. "The gambler’s fallacy prevails in lottery play," Journal of Risk and Uncertainty, Springer, vol. 69(1), pages 33-56, August.
- Neszveda, G., 2019. "Essays on behavioral finance," Other publications TiSEM 05059039-5236-42a3-be1b-3, Tilburg University, School of Economics and Management.
- repec:cup:judgdm:v:16:y:2021:i:4:p:1039-1059 is not listed on IDEAS
- Sigrid Suetens & Claus B. Galbo-Jørgensen & Jean-Robert Tyran, 2016.
"Predicting Lotto Numbers: A Natural Experiment On The Gambler'S Fallacy And The Hot-Hand Fallacy,"
Journal of the European Economic Association,
European Economic Association, vol. 14(3), pages 584-607, June.
- Jørgensen, Claus Bjørn & Suetens, Sigrid & Tyran, Jean-Robert, 2011. "Predicting Lotto Numbers," CEPR Discussion Papers 8314, C.E.P.R. Discussion Papers.
- Jorgensen, C.B. & Suetens, S. & Tyran, J.R., 2011. "Predicting Lotto Numbers," Discussion Paper 2011-033, Tilburg University, Center for Economic Research.
- Claus Bjørn Jørgensen & Sigrid Suetens & Jean-Robert Tyran, 2011. "Predicting Lotto Numbers," Discussion Papers 11-10, University of Copenhagen. Department of Economics.
- Daniel J. Benjamin & Don A. Moore & Matthew Rabin, 2017.
"Biased Beliefs About Random Samples: Evidence from Two Integrated Experiments,"
NBER Working Papers
23927, National Bureau of Economic Research, Inc.
- Daniel J. Benjamin & Don A. Moore & Matthew Rabin, 2018. "Biased Beliefs About Random Samples: Evidence from Two Integrated Experiments," GRU Working Paper Series GRU_2018_014, City University of Hong Kong, Department of Economics and Finance, Global Research Unit.
- Brian A. Polin & Eyal Ben Isaac & Itzhak Aharon, 2021. "Patterns in manually selected numbers in the Israeli lottery," Judgment and Decision Making, Society for Judgment and Decision Making, vol. 16(4), pages 1039-1059, July.
- Dohmen, Thomas & Falk, Armin & Huffman, David & Marklein, Felix & Sunde, Uwe, 2009.
"Biased probability judgment: Evidence of incidence and relationship to economic outcomes from a representative sample,"
Journal of Economic Behavior & Organization, Elsevier, vol. 72(3), pages 903-915, December.
- Dohmen, Thomas & Falk, Armin & Huffman, David B. & Marklein, Felix & Sunde, Uwe, 2009. "Biased Probability Judgment: Evidence of Incidence and Relationship to Economic Outcomes from a Representative Sample," IZA Discussion Papers 4170, Institute of Labor Economics (IZA).
- Thomas Dohmen & Armin Falk & David Huffman & Felix Marklein & Uwe Sunde, 2009. "Biased Probability Judgment: Evidence of Incidence and Relationship to Economic Outcomes From a Representative Sample," Post-Print hal-00723191, HAL.
- Dohmen, Thomas J. & Falk, Armin & Huffman, David & Marklein, Felix & Sunde, Uwe, 2009. "Biased probability judgment: Evidence of incidence and relationship to economic outcomes from a representative sample," Munich Reprints in Economics 20042, University of Munich, Department of Economics.
- Stöckl, Thomas & Huber, Jürgen & Kirchler, Michael & Lindner, Florian, 2015.
"Hot hand and gambler's fallacy in teams: Evidence from investment experiments,"
Journal of Economic Behavior & Organization, Elsevier, vol. 117(C), pages 327-339.
- Thomas Stöckl & Jürgen Huber & Michael Kirchler & Florian Lindner, 2013. "Hot Hand and Gambler's Fallacy in Teams: Evidence from Investment Experiments," Working Papers 2013-04, Faculty of Economics and Statistics, Universität Innsbruck.
- Lex Borghans & Bas ter Weel, 2008.
"Understanding the Technology of Computer Technology Diffusion: Explaining Computer Adoption Patterns and Implications for the Wage Structure,"
Journal of Income Distribution, Ad libros publications inc., vol. 17(3-4), pages 37-70, September.
- Borghans, Lex & ter Weel, Bas, 2008. "Understanding the Technology of Computer Technology Diffusion: Explaining Computer Adoption Patterns and Implications for the Wage Structure," IZA Discussion Papers 3792, Institute of Labor Economics (IZA).
- Bas ter Weel & L. Borghans, 2009. "Understanding the technoloy of computer technology diffusion: explaining computer adoption patterns and implications for the wage structure," CPB Discussion Paper 117, CPB Netherlands Bureau for Economic Policy Analysis.
- Borghans, L. & ter Weel, B.J., 2008. "Understanding the technology of computer technology diffusion: explaining computer adoption patterns and implications for the wage structure," ROA Research Memorandum 008, Maastricht University, Research Centre for Education and the Labour Market (ROA).
- Albrecht, Konstanze & von Essen, Emma & Parys, Juliane & Szech, Nora, 2013.
"Updating, self-confidence, and discrimination,"
European Economic Review, Elsevier, vol. 60(C), pages 144-169.
- Albrecht, Konstanze & von Essen, Emma & Parys, Juliane & Szech, Nora, 2011. "Updating, Self-Confidence and Discrimination," IZA Discussion Papers 6203, Institute of Labor Economics (IZA).
- Chaudhuri, Ananish & Cruickshank, Amy & Sbai, Erwann, 2015. "Gender differences in personnel management: Some experimental evidence," Journal of Behavioral and Experimental Economics (formerly The Journal of Socio-Economics), Elsevier, vol. 58(C), pages 20-32.
- repec:cup:judgdm:v:8:y:2013:i:2:p:91-105 is not listed on IDEAS
- Roger, Patrick & D’Hondt, Catherine & Plotkina, Daria & Hoffmann, Arvid, 2022.
"Number 19: Another Victim of the COVID‐19 Pandemic?,"
LIDAM Discussion Papers LFIN
2022007, Université catholique de Louvain, Louvain Finance (LFIN).
- Patrick Roger & Catherine D’hondt & Daria Plotkina & Arvid Hoffmann, 2023. "Number 19: Another Victim of the COVID-19 Pandemic?," Post-Print hal-04243113, HAL.
- Roger, Patrick & D’Hondt, Catherine & Plotkina, Daria & Hoffmann, Arvid, 2022. "Number 19: Another Victim of the COVID‐19 Pandemic?," LIDAM Reprints LFIN 2022012, Université catholique de Louvain, Louvain Finance (LFIN).
- Carlsson, Fredrik & Kataria, Mitesh & Lampi, Elina, 2024.
"Sexual objectification of women in media and the gender wage gap: Does exposure to objectifying pictures lower the reservation wage?,"
Journal of Behavioral and Experimental Economics (formerly The Journal of Socio-Economics), Elsevier, vol. 108(C).
- Carlsson, Fredrik & Kataria, Mitesh & Lampi, Elina, 2022. "Sexual objectification of women in media and the gender wage gap: Does exposure to objectifying pictures lower the reservation wage?," Working Papers in Economics 824, University of Gothenburg, Department of Economics.
- Balafoutas, Loukas & Davis, Brent J. & Sutter, Matthias, 2016.
"Affirmative action or just discrimination? A study on the endogenous emergence of quotas,"
Journal of Economic Behavior & Organization, Elsevier, vol. 127(C), pages 87-98.
- Loukas Balafoutas & Brent J. Davis & Matthias Sutter, 2016. "Affirmative action or just discrimination? A study on the endogenous emergence of quotas," Working Papers 2016-10, Faculty of Economics and Statistics, Universität Innsbruck.
More about this item
Keywords
Lottery gambling; Gender; Gambler's fallacy;All these keywords.
JEL classification:
- D03 - Microeconomics - - General - - - Behavioral Microeconomics: Underlying Principles
- D81 - Microeconomics - - Information, Knowledge, and Uncertainty - - - Criteria for Decision-Making under Risk and Uncertainty
- D84 - Microeconomics - - Information, Knowledge, and Uncertainty - - - Expectations; Speculations
- J16 - Labor and Demographic Economics - - Demographic Economics - - - Economics of Gender; Non-labor Discrimination
Statistics
Access and download statisticsCorrections
All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:eee:jeborg:v:83:y:2012:i:1:p:118-124. See general information about how to correct material in RePEc.
If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.
If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .
If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Catherine Liu (email available below). General contact details of provider: http://www.elsevier.com/locate/jebo .
Please note that corrections may take a couple of weeks to filter through the various RePEc services.