Gambler’s fallacy is a common cognitive bias that affects decision-making, especially in areas like gambling, investing, and trading. In this article, we’ll strive to break things down by giving you a ...

The gambler’s fallacy is an important example of betting jargon and one that describes a common and problematic mindset that may impact your decision-making when gambling online. This is also known as ...

Many people fall victim to the “sunk cost fallacy” at some point in their lives. Maybe you have stayed at an amusement park even though it was hot and crowded, or remained at a concert even though the ...

Logical people are typically less biased. It makes sense semantically, but I’m also referring to the research. Studies show that participants who score higher on measures of logical reasoning or who ...

In the tech world, you will come across this more from people you argue against. For example, when people used to debate Windows vs. Linux, a common argument against Windows was that it made Bill ...

According to the researchers, people’s penchant to misinterpret patterns could be a boon for charitable organizations that accept cryptocurrency. A team of academic researchers from the United States ...

Parents whose kids will only eat a finite list of foods now wonder whether a pantry favorite is off limits, thanks in part to last week’s New York Times story about a study that found “potentially ...