Inference from Streaks in random outcomes: Experimental evidence on beliefs in regime shifting and the law of small numbers

Management Science

Volumn 55, Issue 11, 2009, Pages 1766-1782

  Asparouhova, Elena ^a   Hertzel, Michael ^b   Lemmon, Michael ^a  

^a UNIVERSITY OF UTAH   (United States)

^b ARIZONA STATE UNIVERSITY   (United States)

Author keywords

Behavioral finance; Decision analysis; Experimental economics; Inference

Indexed keywords

BEHAVIORAL FINANCE; DECISION ANALYSIS; EXPERIMENTAL ECONOMICS; EXPERIMENTAL EVIDENCE; LABORATORY EXPERIMENTS; LAW-OF-SMALL NUMBERS; PROBABILITY ASSESSMENTS; RANDOM SEQUENCE; STRUCTURAL ESTIMATION;

BINARY SEQUENCES; DECISION MAKING; DECISION THEORY; RANDOM ERRORS;

ECONOMICS;

EID: 73249115513     PISSN: 00251909     EISSN: 15265501     Source Type: Journal    
DOI: 10.1287/mnsc.1090.1059     Document Type: Article

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