Statements (25)
| Predicate | Object |
|---|---|
| gptkbp:instanceOf |
cognitive bias
logical fallacy |
| gptkbp:alsoKnownAs |
Monte Carlo fallacy
fallacy of the maturity of chances |
| gptkbp:category |
fallacies of reasoning
errors in probabilistic reasoning |
| gptkbp:consequence |
financial losses
poor decision making in gambling |
| gptkbp:defines |
the mistaken belief that if something happens more frequently than normal during a given period, it will happen less frequently in the future, or vice versa
|
| gptkbp:example |
believing that after flipping heads five times in a row, tails is 'due' on the next flip
|
| gptkbp:field |
gptkb:probability_theory
psychology statistics |
| gptkbp:firstDescribed |
early 20th century
|
| https://www.w3.org/2000/01/rdf-schema#label |
gambler's fallacy
|
| gptkbp:involves |
misunderstanding of independence in random events
|
| gptkbp:notableEvent |
Monte Carlo Casino roulette incident of 1913
|
| gptkbp:opposedBy |
gptkb:hot_hand_fallacy
|
| gptkbp:relatedTo |
gptkb:hot_hand_fallacy
randomness law of small numbers |
| gptkbp:bfsParent |
gptkb:Derren_Brown:_The_System
gptkb:hot_hand_fallacy gptkb:Hot_Hand |
| gptkbp:bfsLayer |
8
|