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 ...
Learn what the sunk cost fallacy is, why people stick with bad decisions, and how to recognize this bias in money, work, ...
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 ...
Clear and rational thinking is essential for effective decision-making and communication in the work place. However, logical fallacies—errors in reasoning that undermine the logic of an argument—are ...
(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 ...
Speak like an insider! Welcome to Snopes-tionary, where we'll define a term or piece of fact-checking lingo that we use on the Snopes team. Have a term you want us to explain? Let us know. Also known ...
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 ...
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 ...
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 ...
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 ...
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