Judgments of randomness in binary sequences
Scholl, Sabine G.
Individuals encounter many probabilistic events that they perceive as binary sequences of outcomes occurring over time. Examples for such binary sequences are heads and tails on coin tosses, black and red outcomes on roulette wheels, or ups and downs in the stock market. The perception of such sequences of outcomes as either lawful and patterned or random has consequences for cognitions and behaviors. Understanding how individuals form randomn...