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Gaynor, Scott T.; Washio, Yukiko; Anderson, Frederick – Psychological Record, 2007
The conjunction fallacy (CF) comes about when the occurrence of two events is rated as more likely than either in isolation. A typical participant in a CF study is presented with a description of a hypothetical individual (i.e., a compound sample stimulus) and then asked to make judgments as to the likelihood that that person engages in a…
Descriptors: Stimuli, Probability, Experiments, College Students
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Brandt, Andrew E.; Pietras, Cynthia J. – Psychological Record, 2008
A single-subject design was used in 2 experiments about the effects of percentage payback (winnings in proportion to total amount bet) on gambling on a slot-machine simulation in 8 adult humans. In Experiment 1, percentage payback was varied across a wide range of values, and participants were exposed extensively to percentage-payback conditions.…
Descriptors: Probability, Behavior Problems, Games, Debt (Financial)