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 ...
What is the Ad Hominem Fallacy? The ad hominem fallacy occurs when someone attacks the person making an argument rather than the argument itself. This fallacy diverts attention from the actual issue ...
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 ...
Andrew Beattie was part of the original editorial team at Investopedia and has spent twenty years writing on a diverse range of financial topics including business, investing, personal finance, and ...
It's just not absolute proof of absence." 5. The Fallacy Fallacy. It is itself a fallacy to reason that just because you proved an opponent's argument to be logically fallacious, you've shown their ...
Logic and negotiations, for example, often do not go together. While many people might proclaim they are being rational, the complications are multiple opinions about what is true and convictions ...
In any discussion of evolutionary psychology, or human sciences in general, it is very important to avoid two logical fallacies. They are called the naturalistic fallacy and the moralistic fallacy.
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 ...