Inference by Believers in the Law of Small Numbers

From MaRDI portal
Publication:4789647


DOI10.1162/003355302760193896zbMath1021.91051MaRDI QIDQ4789647

Matthew Rabin

Publication date: 15 January 2003

Published in: The Quarterly Journal of Economics (Search for Journal in Brave)

Full work available at URL: https://escholarship.org/uc/item/4sw8n41t


91D10: Models of societies, social and urban evolution

91A28: Signaling and communication in game theory


Related Items

Mislearning from censored data: The gambler's fallacy and other correlational mistakes in optimal‐stopping problems, Unrealized arbitrage opportunities in naive equilibria with non-Bayesian belief processes, Predicting the unpredictable: new experimental evidence on forecasting random walks, Gambler's fallacy and imperfect best response in legislative bargaining, Negative recency, randomization device choice, and reduction of compound lotteries, The gambler's fallacy and the hot hand: empirical data from casinos, Testing subgame perfection apart from fairness in ultimatum games, Financial reporting and market efficiency with extrapolative investors, Imitation and luck: An experimental study on social sampling, Effective generation of subjectively random binary sequences, Price probabilities: a class of Bayesian and non-Bayesian prediction rules, Information and dynamic trading with the Gambler's fallacy, Laplace's theories of cognitive illusions, heuristics and biases, Monetary policy rules in a non-rational world: a macroeconomic experiment, An experimental study on sequential auctions with privately known capacities, The distribution of information and the price efficiency of markets, Processing consistency in non-Bayesian inference, Exploitable actions of believers in the ``law of small numbers in repeated constant-sum games, Dominated choices in a simple game with large stakes, The hot hand belief and the Gambler's fallacy in investment decisions under risk, Environmental disasters as risk regulation catalysts? The role of Bhopal, Chernobyl, Exxon Valdez, Love Canal, and Three Mile Island in shaping U.S. environmental law