The gambler’s fallacy is a concept known by many names—you might hear people refer to it as the gambler’s paradox, the Monte ...

I write about strategy, leadership and Red Team Thinking. The base rate fallacy is a cognitive bias that causes us to ignore or undervalue general information and instead focus on data that is ...

Opinions expressed by Forbes Contributors are their own. I write about strategy, leadership and Red Team Thinking. The gambler’s fallacy is a common cognitive error ...

The multiverse theory is a theory in theoretical physics that claims that there are multiple universes other than the one we live in, and is discussed in the fields of physics, philosophy, and logic.

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 ...

Survivorship bias risk means an investor can make a bad decision based on inaccurate data because a company's poorly ...

The Economics Policy Institute (EPI) has promoted a myth that recent price inflation is a “global phenomenon,” is not caused ...

Definition of 'Bird-in-the-Hand Fallacy' The mistaken belief that dividends paid early in the future are worth more than dividends expected in later time periods, simply because they are nearer in ...

Last night's presidential debate was a mess all around. But former President Trump's detachment from reality is dangerous.