The world is full of random events such as 'Will tomorrow's stock prices rise or fall?', 'Will the ball be kicked left or right in a penalty kick?', and 'Will the lottery ticket I've been buying ...

The desire to seek balance can create a gambler’s fallacy where past results skew perceptions on what is likely to occur (or not) in the future. This dynamic can play out in financial markets as ...

The hot hand fallacy is one of the most common phenomena that gamblers can experience. If you have ever felt “lucky”, or that ...

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Senior faculty in Yale SOM’s marketing, operations, accounting, and finance groups received named chairs in recent months.

known as the “gambler’s fallacy,” affects important decisions such as whether to extend a loan or to approve an asylum application. Shue also teaches popular courses at SOM and Yale Law School; is a ...

The gambler’s fallacy is the belief that past outcomes influence future ones. For example, a player might think a slot machine is “due” for a win after several losses. In reality, each spin is ...

Liberals hail the explosive growth of gambling in the US. Their deregulation advocacy reveals patterns used to justify other evils, too Read Full Article at RT.com ...

Keep fighting. But at the casino, it was devastating. It's called the gambler's fallacy - the belief that if you keep trying, things will eventually break your way. Unlike in sports, there was ...

But that doesn’t mean that he’s ‘due’ one – that’s verging on the gambler’s fallacy. What I will say is that if you need to gamble on a differential, then Palmer as captain is a good ...