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 ...

Milad Haghani does not work for, consult, own shares in or receive funding from any company or organization that would benefit from this article, and has disclosed no relevant affiliations beyond ...

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.

Drawing incorrect conclusions, based on ill-conceived heuristics, can lead to bad decision making. This is cognitive bias. Researchers have identified an enormous range of cognitive biases that can ...

Feel free to celebrate explorers who found shorter routes from here to there. Marvel at feats of engineering that significantly reduced travel and shipping time. But think carefully and scrutinize ...

Forbes contributors publish independent expert analyses and insights. Bryce Hoffman writes about leadership, strategy, and decision making. The base rate fallacy is a cognitive bias that causes us to ...

Opinions expressed by Entrepreneur contributors are their own. One of the hardest pills for any entrepreneur to swallow is realizing that we are getting in our way. These 5 cognitive biases are tricky ...

We are surrounded by random events every day. Will the stock market rise or fall tomorrow? Will the next penalty kick in a ...