Gambling is an example of which of the following psychological biases?
A)Illusion of control
B)Framing effects
C)Discounting the future
D)Time pressure
E)Social realities

Question

Quizplus · Accepted Answer

The illusion of control is the belief that one can control or influence the outcome of a situation that they have no actual control over. In gambling, individuals often believe that they have some level of control over the outcome, such as choosing a lucky machine or number, when in reality the outcome is completely random.

Gambling Is an Example of Which of the Following Psychological