Winners wanted: lucky bastards need not apply

[image error]A delightful experiment in the Journal of Gambling Studies demonstrates how susceptible we are to social persuasion to the point where even our established cognitive biases yield to the influence of others.

The illusion of control is the tendency to believe that we have influence over uncontrollable events. It has been well demonstrate in gamblers who may often put down wins and losses to their skills and abilities, even on games like roulette where the outcomes are entirely random.

This new...