Fear and loathing in Las Vegas: Evidence from blackjack tables
This paper uses proprietary data from a blackjack table in Las Vegas to analyze how the expectation of regret affects peoples’ decisions during gambles. Even among a group of people who choose to participate in a risk-taking activity, we find strong evidence of an economically significant omission b...
Main Authors: | , |
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Format: | Article |
Language: | English |
Published: |
Cambridge University Press
2009-08-01
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Series: | Judgment and Decision Making |
Subjects: | |
Online Access: | https://www.cambridge.org/core/product/identifier/S1930297500001212/type/journal_article |