Gambler's Fallacy

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Gambler's Fallacy

Short Description: Tendency to believe that past random events will influence future random events.

CAT ID: CAT-2022-067

Layer: 8

Operational Scale: Tactical

Level of Maturity: Well-Established

Category: Vulnerability

Subcategory:

Also Known As:

Description:

Brief Description:

Closely Related Concepts:

Mechanism:

Multipliers:

Detailed Description: A disadvantaged ability to appreciate randomness leads to a tendency to believe that past random events will influence future random events.

INTERACTIONS [VETs]:

Examples:

Use Case Example(s):

Example(s) From The Wild:

Comments:

References: