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 about the Broken Window Fallacy in economics and discover how destruction impacts economic growth by diverting resources from productive use.
Forbes contributors publish independent expert analyses and insights. Bryce Hoffman writes about leadership, strategy, and decision making. The gambler’s fallacy is ...
“After the U.S. experience during the Great Depression, and after inflation and rising interest rates in the 1970s and disinflation and falling interest rates in the 1980s, I thought the fallacy of ...
From the humble journalist to the big-city planner, people across the globe miss deadlines. But what if we could fix the cognitive bias that causes this to happen? With offices closed in nations ...
If you’ve ever let unworn clothes clutter your closet just because they were expensive, or followed through on plans you were dreading because you already bought tickets, you’re familiar with the sunk ...
Narrative fallacy is a term introduced by Nassim Taleb [1]. It refers to our difficulty looking at a sequence of facts without connecting them in some way, either to each other or to something else we ...
Pathetic fallacy is often used to describe the environment. The weather and season can be described with human emotions to reflect the mood of a character or create a tone. 'The raindrops wept around ...
I really enjoyed Lia Leendertz’s opinion column in FT Weekend on this year’s perverse weather and the winter solstice, but can I correct her statement that on the winter solstice “the sun will rise at ...
Pathetic fallacy is often used to describe the environment. The weather and season can be described with human emotions to reflect the mood of a character or create a tone. 'The raindrops wept around ...
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