Not all streaks are the same: Individual differences in risk preferences during runs of gains and losses

Judgment and Decision Making

Volumn 7, Issue 4, 2012, Pages 452-461

  Ball, Christopher T ^a  

^a Dept of Economics and Thomas Jefferson Program in Public Policy at the College of William and Mary   (United States)

Author keywords

Gambler's fallacy; Hot hand; Risky choice; Runs; Sequential choice; Streaks

Indexed keywords

EID: 84864592068     PISSN: 19302975     EISSN: None     Source Type: Journal    
DOI: None     Document Type: Article

References (8)

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3. Johnson, J., Tellis, G. J., Macinnis, D. J. (2005). Losers, winners, and biased trades. Journal of Consumer Research, 32, 324-329.
4. Leopard, A. (1978). Risk preference in consecutive gambling. Journal of Experimental Psychology: Human Perception and Performance, 4, 521-578.
5. Murstein, B. I. (2002). Getting psyched for Wall Street: A rational approach to an irrational market. Leawood, KS: Cypress Publishing Group.
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7. Shefrin, H. (2000). Beyond greed and fear: Understanding behavioral finance and the psychology of investing. Boston, MA: Harvard Business School Press.
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