Why do people pay for useless advice? Implications of gambler's and hot-hand fallacies in false-expert setting
Year of publication: |
2012
|
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Authors: | Powdthavee, Nattavudh ; Riyanto, Yohanes E. |
Publisher: |
Bonn : Institute for the Study of Labor (IZA) |
Subject: | Verhaltensökonomik | Informationsverhalten | Sachverständige | Glücksspiel | gambler's fallacy | hot-hand | random streak | expertise | information |
Series: | IZA Discussion Papers ; 6557 |
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Type of publication: | Book / Working Paper |
Type of publication (narrower categories): | Working Paper |
Language: | English |
Other identifiers: | 716019329 [GVK] hdl:10419/58517 [Handle] |
Classification: | C91 - Laboratory, Individual Behavior ; D03 - Behavioral Economics; Underlying Principles |
Source: |
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Powdthavee, Nattavudh, (2012)
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Why Do People Pay for Useless Advice?
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