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Are Longshots Only for Losers? A New Look at the Last Race Effect
10 references·8 citing·32 second hop
Are Longshots Only for Losers? A New Look at the Last Race Effect (2015)Are Longshots Only for Losers? A New Look…Explaining the Favorite–Long Shot Bias: Is it Risk-Love or Misperceptions? (2010)Explaining the Favorite–Long …Preferences for sequences of outcomes. (1993)Preferences for sequences of …Gambling with the House Money and Trying to Break Even: The Effects of Prior Outcomes on Risky Choice (1990)Gambling with the House Money…Prospect theory: An analysis of decision under risk (1988)Prospect theory: An analysis …Anomalies: Parimutuel Betting Markets: Racetracks and Lotteries (1988)Anomalies: Parimutuel Betting…Biases in Betting: An Application of Laboratory Findings (1985)Biases in Betting: An Applica…Prospect Theory: An Analysis of Decision under Risk (1979)Prospect Theory: An Analysis …Probability and Utility Estimates for Racetrack Bettors (1977)Probability and Utility Estim…Stability of Choices among Uncertain Alternatives (1956)Stability of Choices among Un…Odds Adjustments by American Horse-Race Bettors (1949)Odds Adjustments by American …The Last Hurrah Effect: End-of-Period Temporal Landmarks Increase Optimism and Financial Risk-Taking (2024)The Last Hurrah Effect: End-o…The Ending Effect in the Domain of Gambling: The Effect of Gain-Loss Status on Economic Decision-Making (2024)The Ending Effect in the Doma…Reference‐Dependent Risk‐Taking in the NBA (2024)Reference‐Dependent Risk‐Taki…Stick or carrot for traffic demand management? Evidence from experimental economics (2022)Stick or carrot for traffic d…The Bounded Ending Effect in the Domain of Football Gambling: High Risks Are Not Always Preferred at the End (2021)The Bounded Ending Effect in …Longshot or Favorite: The Ending Effect in Investment Decisions (2021)Longshot or Favorite: The End…The Last Hurrah Effect: End-of-Period Temporal Landmarks Increase Optimism and Financial Risk-Taking (2020)The Last Hurrah Effect: End-o…Motivated to Gain: Awareness of an Impending Ending and the Ending Effect (2019)Motivated to Gain: Awareness …Judgment under Uncertainty: Heuristics and Biases (1974)Judgment under Uncertainty: Heuristics and Biases (1975)The Framing of Decisions and the Psychology of Choice (1981)The Market Impact of Trends and Sequences in Performance: New Evidence (2005)Planned versus Actual Betting in Sequential Gambles (2009)Shall We Vote on Values, But Bet on Beliefs? (2013)Choices, values, and frames. (1984)Why are Gambling Markets Organised so Differently from Financial Markets? (2004)Personality Psychology and Economics (2011)Specious reward: A behavioral theory of impulsiveness and impulse control. (1975)Feedback and Self-Regulated Learning: A Theoretical Synthesis (1995)A hot/cool-system analysis of delay of gratification: Dynamics of willpower. (1999)RETRACTED: Procrastination, Deadlines, and Performance: Self-Control by Precommitment (2002)Risk, Ambiguity, and the Savage Axioms (1961)Exploration and Exploitation in Organizational Learning (1991)Explicating dynamic capabilities: the nature and microfoundations of (sustainable) enterprise performance (2007)Theory of games and economic behavior (2019)Le Comportement de l'Homme Rationnel devant le Risque: Critique des Postulats et Axiomes de l'Ecole Americaine (1953)Probability and Risk: Foundations and Economic Implications of Probability-Dependent Risk Preferences (2012)Thirty Years of Prospect Theory in Economics: A Review and Assessment (2012)The Psychology of Tail Events: Progress and Challenges (2013)Bettors Love Skewness, Not Risk, at the Horse Track (1998)The Economics of Wagering Markets (1998)Mental accounting matters (1999)Experimental Tests of the Endowment Effect and the Coase Theorem (2000)Mental Accounting and Consumer Choice (2008)Ambiguity and self-evaluation: The role of idiosyncratic trait definitions in self-serving assessments of ability. (1989)Ambiguity and Self-Evaluation: The Role of Idiosyncratic Trait Definitions in Self-Serving Assessments of Ability (2002)HORSE RACING: TESTING THE EFFICIENT MARKETS MODEL (1978)Efficiency of the Market for Racetrack Betting (1981)On the state of the art: risk communication to the public (2001)Advances in prospect theory: Cumulative representation of uncertainty (1992)
this work references cited by second hop

References

  • 1979Prospect Theory: An Analysis of Decision under Risk48,459 cited
  • 1988Prospect theory: An analysis of decision under risk32,475 cited
  • 1990Gambling with the House Money and Trying to Break Even: The Effects of Prior Outcomes on Risky Choice2,378 cited
  • 1993Preferences for sequences of outcomes.769 cited
  • 1988Anomalies: Parimutuel Betting Markets: Racetracks and Lotteries621 cited
  • 1977Probability and Utility Estimates for Racetrack Bettors390 cited
  • 2010Explaining the Favorite–Long Shot Bias: Is it Risk-Love or Misperceptions?318 cited
  • 1949Odds Adjustments by American Horse-Race Bettors306 cited
  • 1956Stability of Choices among Uncertain Alternatives275 cited
  • 1985Biases in Betting: An Application of Laboratory Findings75 cited

Cited by

  • 2022Stick or carrot for traffic demand management? Evidence from experimental economics25 cited
  • 2024The Last Hurrah Effect: End-of-Period Temporal Landmarks Increase Optimism and Financial Risk-Taking10 cited
  • 2019Motivated to Gain: Awareness of an Impending Ending and the Ending Effect6 cited
  • 2020The Last Hurrah Effect: End-of-Period Temporal Landmarks Increase Optimism and Financial Risk-Taking4 cited
  • 2021

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Longshot or Favorite: The Ending Effect in Investment Decisions
3 cited
  • 2021The Bounded Ending Effect in the Domain of Football Gambling: High Risks Are Not Always Preferred at the End3 cited
  • 2024Reference‐Dependent Risk‐Taking in the NBA1 cited
  • 2024The Ending Effect in the Domain of Gambling: The Effect of Gain-Loss Status on Economic Decision-Making1 cited