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 ...

(upbeat music) (coin spinning) Kelly Shue: So let’s say you’re flipping a coin with someone, and the first time you flip it’s heads. The next time you flip it’s heads again. You keep on flipping for ...

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 ...

If you follow debates about political or philosophical issues, you have probably run across people accusing their opponents of committing the "No True Scotsman Fallacy" or even been accused of it ...

Logical fallacies are flaws in reasoning. They are often called informal fallacies. It's becoming more common for people to call out these fallacies by name. You often hear accusations of people ...

It is itself a fallacy to reason that just because you proved an opponent's argument to be logically fallacious, you've shown their conclusion to be wrong. For example, someone could argue that ...

This article outlines errors that may occur when people predict event outcomes. The focus is on how our tendency to perceive independent events as connected, consistent with tenets of Gestalt ...