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Adventures in Cognitive Biases - Cassandra Xia
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The Cognitive Psychology of Gambling | Psychology Today
Games and Theory: Cognitive biases Part 1. : gamesandtheory Ambiguity effect; The ambiguity effect is a cognitive bias where decision making is affected by a lack of information, or "ambiguity".The effect implies that people tend to select options for which the probability of a favourable outcome is known, over an option for which the probability of a favourable outcome is unknown. even if the probability of the unknown option is more preferable. Slot Machines: Neuroscience in Action – Science Life
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