The effects of near wins and near losses on self-perceived personal luck and subsequent gambling behavior

Wohl, Michael J. A.; Enzle, Michael E.

doi:10.1016/s0022-1031(02)00525-5

Cited by 93 publications

(70 citation statements)

References 21 publications

Supporting

Mentioning

Contrasting

Unclassified

Order By: Relevance

“…Numerous studies have shown negative mood to predicts gambling propensity; because of the immersive nature of gambling, it may allow people to escape their aversive emotional state (Blaszczynski & Nower, 2002;Ledgerwood & Petry, 2006;Stewart, Zack, Collins, Klein, & Fragopoulos, 2008). Positive affect, however, does not have the same effect on the initiation of gambling (see Wohl & Enzle, 2003).…”

Section: Methodsmentioning

confidence: 99%

When the Going Gets Tough

Wohl

Branscombe

Lister

2013

Social Psychological and Personality Science

View full text Add to dashboard Cite

We examined the impact of anticipating poor economic conditions on financial risk taking. In Experiment 1, the salience of poor future economic prospects was manipulated among young adults. Those who were reminded of their poor future economic prospects were more likely to take the opportunity to gamble with their money than those in the control condition. In Experiment 2, we once again manipulated the salience of poor economic prospects. Extending the results of Experiment 1, participants who were reminded of their poor economic prospects bet more money on a spin of a roulette wheel than those in a control condition. Importantly, we show that the relationship between poor economic prospects and gambling is mediated by belief in the necessity of taking financial risks to make money. Implications of economic downturns for gambling and other forms of risk taking are discussed.

show abstract

Section: Methodsmentioning

confidence: 99%

When the Going Gets Tough

Wohl

Branscombe

Lister

2013

Social Psychological and Personality Science

View full text Add to dashboard Cite

show abstract

“…At the same time, however, beliefs in personal control and personal agency vary greatly across situations, people, and cultures (Burger, 1989;Burger & Cooper, 1979;Dweck & Leggett, 1988;Iyengar & Lepper, 1999;Ji, Peng, & Nisbett, 2000;Pepitone & Saffiotti, 1997;Rodin, Rennert, & Solomon, 1980;Snibbe & Markus, 2005;Weisz, Rothbaum, & Blackburn, 1984;Wohl & Enzle, 2003). If beliefs in personal control fluctuate so greatly, how else might people preserve a sense that the world is orderly and structured?…”

Section: Substitutable Personal and External Control And Implicationsmentioning

confidence: 99%

Religious Belief as Compensatory Control

Kay

Gaucher

McGregor

et al. 2009

Pers Soc Psychol Rev

283

189

View full text Add to dashboard Cite

The authors review experimental evidence that religious conviction can be a defensive source of compensatory control when personal or external sources of control are low. They show evidence that (a) belief in religious deities and secular institutions can serve as external forms of control that can compensate for manipulations that lower personal control and (b) religious conviction can also serve as compensatory personal control after experimental manipulations that lower other forms of personal or external control. The authors review dispositional factors that differentially orient individuals toward external or personal varieties of compensatory control and conclude that compensatory religious conviction can be a flexible source of personal and external control for relief from the anxiety associated with random and uncertain experiences.

show abstract

“…Furthermore, the inclusion of choice in a game of chance (which heightens perceptions of personal control) increased people's view that luck was a quality of the person (rather than an aspect of the situation), and led to higher expectations of winning (Wohl & Enzle, 2002). And this internal belief in luck affects how people react to experiencing lucky breaks: Positive outcomes from games of chance increase the belief that luck is a personal quality (Wohl & Enzle, 2002, and people who believe that they are lucky act in a risk-seeking manner after experiencing good fortune (Darke & Freedman, 1997b;Wohl & Enzle, 2003).…”

Section: Study 3: Definitions Of Luck and The Deservingness Principlementioning

confidence: 99%