A recent study conducted by Carnegie Mellon University and Microsoft Research explores this complex relationship, offering a ...

Cognitive biases. We all have them. But we only seem to notice them in other people. Today we're looking at 3 of the most ...

WHEN birds fly together, they purposively either take advantage of the strategic aerodynamic V-shaped skein formation or ...

Background Healthcare patient safety investigations inappropriately focus on individual culpability and the target of ...

False consensus effects create a distorted view of social agreement. While we might expect growing awareness to reduce this ...

The illusion of control is one of the biggest gambler's fallacies. Sure, we can directly impact the outcome in a game of blackjack or optimise the winning potential in video poker, but this does not ...

Often, we are unaware of the cognitive biases and mental shortcuts that impact our daily ... this bias can lead to poor decision-making when risks are ignored. Sunk Cost Fallacy: Sticking with ...

In behavioral economics, the mindsets that fog up our ability to maximize our wealth and reach financial goals are known as cognitive biases. Understanding how these biases work is the first step ...