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The Economics Of Gambling And National Lotteries

The Gambler's Fallacy in Lottery Play

Publication ,  Chapter
Cook, PJ; Clotfelter, CT
2012

The -gambler's fallacy- is the belief that the probability of an event is lowered when that event has recently occurred, even though the probability of the event is objectively known to be independent from one trial to the next.

Duke Scholars

Publication Date

2012

Publisher

Edgar Elgar Publishers
 

Citation

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Cook, P. J., & Clotfelter, C. T. (2012). The Gambler's Fallacy in Lottery Play. In L. V. Williams (Ed.), The Economics Of Gambling And National Lotteries. Edgar Elgar Publishers.
Cook, P. J., and C. T. Clotfelter. “The Gambler's Fallacy in Lottery Play.” In The Economics Of Gambling And National Lotteries, edited by L. V. Williams. Edgar Elgar Publishers, 2012.
Cook PJ, Clotfelter CT. The Gambler's Fallacy in Lottery Play. In: Williams LV, editor. The Economics Of Gambling And National Lotteries. Edgar Elgar Publishers; 2012.
Cook, P. J., and C. T. Clotfelter. “The Gambler's Fallacy in Lottery Play.” The Economics Of Gambling And National Lotteries, edited by L. V. Williams, Edgar Elgar Publishers, 2012.
Cook PJ, Clotfelter CT. The Gambler's Fallacy in Lottery Play. In: Williams LV, editor. The Economics Of Gambling And National Lotteries. Edgar Elgar Publishers; 2012.

Publication Date

2012

Publisher

Edgar Elgar Publishers