People often ask me how they can avoid misinformation. I wish there was an easy answer, but effectively avoiding ...

What is the gambler’s fallacy of cognitive biases? The gambler’s fallacy is a specific cognitive bias that involves the belief that independent past events affect independent future events.

Five of the most severe cognitive biases that impact an entrepreneurial trajectory are as follows: overconfidence bias, fundamental attribution error, confirmation bias, sunk-cost fallacy ...

Part of forming your own identity is defining yourself by the traits that make you unique. To do this, you categorize others as belonging to your group – based on characteristics that matter to you, ...

Failing to recognize your cognitive biases is a bias in itself ... It is central to various gambling fallacies, like the idea that red is more or less likely to turn up on a roulette table ...

Cognitive scientists see motivated reasoning as a force that operates in many domains. Studies by political psychologists highlight denial of climate change or discrediting its science as ...

The fallacy occurs if you believe that 10 coins ... Kahneman have explained the thinking behind this belief as a “cognitive ...

Cognitive biases and the field of behavioral economics ... the mistakes made due to this bias can be devastating. Sunk Cost Fallacy: While the public markets overwhelmingly had attractive returns ...

This “cognitive ease,” helps us process information ... clear of those that challenge them. Over time, these biases and fallacies make it even harder to incorporate evidence that doesn ...