Surprised by the gambler's and hot hand fallacies? : a truth in the law of small numbers

Joshua B. Miller and Adam Sanjurjo

Year of publication:	[2016] ; This version: November 15, 2016
Authors:	Miller, Joshua B. ; Sanjurjo, Adam
Publisher:	Milano, Italy : IGIER, Università Bocconi
Subject:	Law of Small Numbers \| Alternation Bias \| Negative Recency Bias \| Gambler’s Fallacy \| Hot Hand Fallacy \| Hot Hand Effect \| Sequential Decision Making \| Sequential Data \| Selection Bias \| Finite Sample Bias \| Small Sample Bias \| Systematischer Fehler \| Bias \| Theorie \| Theory \| Stichprobenerhebung \| Sampling \| Wahrscheinlichkeitsrechnung \| Probability theory \| Experiment \| Anlageverhalten \| Behavioural finance \| Verhaltensökonomik \| Behavioral economics \| Glücksspiel \| Gambling \| Entscheidung unter Risiko \| Decision under risk