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A Priori Probabilities in Gambling

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Abstract

WHEN persons observe randomly generated events of different kinds and are afterwards required to report on the frequency with which each kind of event occurred, they tend to over-estimate the frequency of occurrence of infrequent events and under-estimate that of comparatively frequent ones1,2.

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References

  1. Hornseth, J. P., unpublished Ph.D. thesis described in “Information Theory in Psychology”, edit. by Quastler (The Free Press).

  2. Attneave, F., J. Exp. Psychol., 46, 81 (1953).

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  3. Preston, M. G., and Baratta, P., Amer. J. Psychol., 44, 183 (1948).

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  4. Griffith, R. M., Amer. J. Psychol., 62, 290 (1949).

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  5. Coombs, C. H., and Komorita, S. S., Amer. J. Psychol., 71, 383 (1958).

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Authors and Affiliations

  1. Medical Research Council Applied Psychology Research Unit, 15 Chaucer Road, Cambridge

    H. C. A. DALE

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  1. H. C. A. DALE
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DALE, H. A Priori Probabilities in Gambling. Nature 183, 842–843 (1959). https://doi.org/10.1038/183842a0

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