Poker Player Behavior after Big Wins and Big Losses
We find that experienced poker players typically change their style of play after winning or losing a big pot—most notably, playing less cautiously after a big loss, evidently hoping for lucky cards that will erase their loss. This finding is consistent with Kahneman and Tversky's (Kahneman, D....
| Veröffentlicht in: | Management Science. in. - Institute for Operations Research and the Management Sciences, 1954. - 55(2009), 9, Seite 1547-1555 |
|---|---|
| 1. Verfasser: | |
| Weitere Verfasser: | , |
| Format: | Online-Aufsatz |
| Sprache: | English |
| Veröffentlicht: |
2009
|
| Zugriff auf das übergeordnete Werk: | Management Science. in |
| Schlagworte: | prospect theory break-even hypothesis risk investment Behavioral sciences Mathematics Economics Information science |
| Online verfügbar |
Volltext |