Dishonestly increasing the likelihood of winning
People not only seek to avoid losses or secure gains; they also attempt to create opportunities for obtaining positive outcomes. When distributing money between gambles with equal probabilities, people often invest in turning negative gambles into positive ones, even at a cost of reduced expected va...
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Format: | Article |
Language: | English |
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Cambridge University Press
2012-05-01
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Series: | Judgment and Decision Making |
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Online Access: | https://www.cambridge.org/core/product/identifier/S1930297500002266/type/journal_article |