Publications [#266320] of Philip J. Cook

Chapters in Books

1. Cook, PJ; Clotfelter, CT, The Gambler's Fallacy in Lottery Play, in The Economics Of Gambling And National Lotteries, edited by Williams, LV (2012), Edgar Elgar Publishers
   (last updated on 2024/04/22)

   Abstract:
   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.