PREFERENCE FOR PLAYING ORDER IN GAMES WITH AND WITHOUT REPLACEMENT: MOTIVATIONAL BIASES AND PROBABILITY MISESTIMATIONS

Preference for playing order in games with and without replacement: Motivational biases and probability misestimations

This research explores the preference for playing order in games in which each of replica beach walk candle several players draws a random event (e.g., a ball from an urn), with and without replacement after each draw.Three studies show that people tend to prefer to draw early regardless of whether the game is with or without replacement, although

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