Discover the base rate fallacy's impact on investing decisions. Learn how overlooking this cognitive bias can lead to financial misjudgments and market misconceptions.
Learn how behaviorists explain market inefficiencies through human psychology. Discover key concepts in behavioral economics and finance that challenge rational models.
The gambler's fallacy is the opposite of recency bias. It occurs when you start believing that because a certain result happened more frequently in the past, there's a higher probability a different ...
Editor’s note: Birches Health is a leading national provider of Responsible Gaming resources and Problem Gambling treatment, offering specialized care from the comfort of home, covered by insurance.
A quick guide to logical fallacies. Fallacies include ad hominem, appeals to authority, the fallacy fallacy, circular arguments, etc. What happened with the 14th Amendment? Abandoned vessel found 70 ...