The Psychology of Winning and Losing at the Casino 1

Why Losing at a Casino Can Feel Like Emotional Cleansing (A) when to stop, (B) probability of changing stake, (C) change in stake size, and (D) speed of play. We conducted three sets of analyses, each focusing on one facet of loss-chasing. Table 2 provides an overview of the behavioral indicator used, the main analysis, …

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