Abstract
The illusion of control refers to an excessively high expectation of success considering the likelihood of it actually happening. This expectation seems to be modulated by idiosyncratic variables, such as the desire for control. This study aims first to provide evidence regarding the validity of the Spanish Desire for Control Scale and secondly to study the ‘going for broke’ phenomenon. Participants included 92 university students from different colleges, 59 females and 33 males. The results first show that there is enough evidence to validate the Spanish version of the scale and to support its application. Secondly they show that in cases where there is a perception of having nothing left to lose, people risk everything they have, causing a reversal in the outcome pattern in a normal situation.
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