Word: leider
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Dates: during 2000-2009
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...paper by Harvard Business School professor Gregory M. Barron explores the role of experience in promoting the gambler’s fallacy, a notion that chance and randomness correct themselves in the short term. The study, written by Barron and Harvard doctoral student Stephen Leider, argues that the fallacy has a heightened effect on the decision-making of people who experience a series of events in real time versus people who receive a complete description of the same events at a later point in time. According to Barron, the fallacy applies in many situations, including simple scenarios such as casino...
...bumper crowd of little kids, with parents in the hallway trying to get a glimpse of them," recalls Rob Leider, assistant principal at the school, West Bloomfield High. His heart went out to these youngsters: "They seemed pretty studious. But when they finished and came out of the rooms, they were little kids lost in a big building, looking for their mothers...