We carry out a repeated game of demand for typhoon insurance in China to study how the availability heuristic and gambler's fallacy affect that demand in both short term and long terms. We find that after people experience the first typhoon in the experiment, the availability heuristic dominates...

Purpose – This research aims to examine the relationships among employee commitment to change, naïve dialecticism, and performance change in the context of change in Chinese state‐owned enterprises (SOEs). Design/methodology/approach – A total of 287 employee‐supervisor matched data...