TY - JOUR
N2 - This paper investigates the effect of explicitly informing participants about the objective probability of winning a lottery on the illusion of control. In a procedure based on Experiment 3 from Langer’s 1975 seminal paper, participants were faced with lotteries based on familiar vs. unfamiliar stimuli and either explicitly informed about the objective probability of winning or not (the probability could be derived from other data). Results indicated that stating the objective probability of winning the lottery reduced, but not eliminated the illusion of control. Moreover, Langer’s effect of stimulus familiarity was not replicated. Experiment 2, which included a lottery based on the full set of Polish alphabet letters, confirmed the same effects. Results indicate that illusion of control may be explained by the control heuristic (Thompson et al., 1998) – in absence of explicitly stated probability, participants estimate their chances of winning based on perceived control, even though calculating the objective probability is possible.
L1 - http://journals.pan.pl/Content/118432/PDF/2020-04-PPB-07-Chodzynska.pdf
L2 - http://journals.pan.pl/Content/118432
PY - 2020
IS - No 4
EP - 294
DO - 10.24425/ppb.2020.135461
KW - decision making
KW - gambling
KW - illusion of control
KW - objective probability
KW - random chance games
A1 - Chodzyńska, Karolina
A1 - Polak, Mateusz
PB - Committee for Psychological Science PAS
VL - vol. 51
DA - 2021.02.25
T1 - Information about objective probability of a lottery and the illusion of control
SP - 288
UR - http://journals.pan.pl/dlibra/publication/edition/118432
T2 - Polish Psychological Bulletin
ER -