Thursday, December 19, 2019

The Effect Of Offline Near Wins On Predictions Of A Future...

Abstract This study investigated the effect an offline-near win or an offline loss had on participants’ predictions of a future win. An experimental within-groups design was used. The independent variable was whether or not the participant had the offline-near win or the offline loss condition, and the dependent variable was how the participant rated the likeliness of a future win following either of these conditions. Participants were 119 undergraduate students taking a 100-level psychology paper. The study found that there was no significant difference between the mean ratings for the offline-near win or offline loss conditions. These findings suggest that offline-near wins are not a reliable predictor of whether the gambler believes they are going to win based on the previous outcome. The Influence of Offline-Near Wins on Predictions about Future Gambling Outcomes A variety of psychology-based research into gambling has been conducted with the intent of understanding some of the factors that influence persistent gambling. Superstitious behaviour is closely linked to the study of gambling, and is defined by Joukhador, Blaszczynski and Maccallum (2004) as potentially developing when people are presented with non-contingent behaviours. For the purposes of this study, definitions of some key terms will be as follows. A win is defined as being the outcome of all five symbols on the line that has been chosen by the participant. An offline-near win is where the line aboveShow MoreRelatedLiterature Review of Strategic Management8039 Words   |  33 Pagesmarketplace which seems to get more and more complex. True strategy is about making complex bets and following up with hard choices (Martin, 2014). 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