Gamblers Who Believe in a "Run of Luck," "Winning Streaks

question 589

Multiple Choice

Gamblers who believe in a "run of luck," "winning streaks," and "the dice being hot" are exhibiting which cognitive distortion?

• A)the gambler's fallacy
• B)selective memory
• C)attribution errors
• D)probability biases

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Definitions:

Population Ecology

A sub-field of ecology that deals with the dynamics of species populations and how these populations interact with the environment.

Information Asymmetry

A situation where one party in a transaction has more or better information than the other, leading to imbalances in decision making.

Population Ecology

A branch of biology that studies the dynamics of species populations and how these populations interact with the environment.

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A form of cell injury which results in the premature death of cells in living tissue by autolysis.