Essays about: "The gambler s fallacy"

Found 1 essay containing the words The gambler s fallacy.

  1. 1. The Gambler’s Fallacy and Decision Fatigue in Decision-Making : A Study on Driving License Examiners

    University essay from Linköpings universitet/Nationalekonomi

    Author : Faton Lushaku; Tobias Lahtinen; [2019]
    Keywords : The gambler s fallacy; the hot hand fallacy; decision fatigue; trafikverket; status quo; heuristic;

    Abstract : People make hundreds of decisions every day, at home, at school or at work and that requires mental efforts, which in turn can be depleting. Previous research in behavioral economics has shown that people are not always rational in their decision-making and the decisions they make are not solely based on the case merits or the decision makers' competence. READ MORE