To maximize or randomize? An experimental study of probability matching in financial decision making

• Andrew W. Lo ,

  Contributed equally to this work with: Andrew W. Lo, Katherine P. Marlowe, Ruixun Zhang

  Roles Conceptualization, Data curation, Formal analysis, Investigation, Methodology, Supervision, Validation, Writing – original draft, Writing – review & editing

  Affiliations MIT Sloan School of Management, Cambridge, MA, United States of America, MIT Laboratory for Financial Engineering, Cambridge, MA, United States of America, MIT Computer Science and Artificial Intelligence Laboratory, Cambridge, MA, United States of America, Santa Fe Institute, Santa Fe, NM, United States of America

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• Katherine P. Marlowe ,

  Contributed equally to this work with: Andrew W. Lo, Katherine P. Marlowe, Ruixun Zhang

  Roles Conceptualization, Data curation, Formal analysis, Investigation, Methodology, Validation, Writing – original draft, Writing – review & editing

  Affiliation MIT Laboratory for Financial Engineering, Cambridge, MA, United States of America

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• Ruixun Zhang

  Contributed equally to this work with: Andrew W. Lo, Katherine P. Marlowe, Ruixun Zhang

  Roles Conceptualization, Data curation, Formal analysis, Investigation, Methodology, Validation, Writing – original draft, Writing – review & editing

  * E-mail: rxzhang@alum.mit.edu

  Affiliation MIT Laboratory for Financial Engineering, Cambridge, MA, United States of America

  https://orcid.org/0000-0002-7670-8393

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