There is clearly no need for formal instruction in "how to play," in "getting along with the group," in "selecting a dentist, ...

Discover the base rate fallacy's impact on investing decisions. Learn how overlooking this cognitive bias can lead to financial misjudgments and market misconceptions.

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 ...

The sunk cost fallacy is a theory that posits that we keep going down a path that may not be ideal because of the amount of ...

Will Kenton is an expert on the economy and investing laws and regulations. He previously held senior editorial roles at Investopedia and Kapitall Wire and holds a MA in Economics from The New School ...

Have you ever been in a situation that wasn't going so well, but rather than do something to change it, you told yourself, "Ah, it's not so bad. Maybe if I just sit tight it will get better by itself.

Speak like an insider! Welcome to Snopes-tionary, where we'll define a term or piece of fact-checking lingo that we use on the Snopes team. Have a term you want us to explain? Let us know. Also known ...

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 ...

I’ve written in CP before that I believe once a Christian is saved through the sacrifice of Christ, they cannot lose their salvation. This doctrine is most often called the perseverance (sometimes ...

Sen. Rand Paul (R-Ky.) said Wednesday that it is a “fallacy” to think tariffs will help the country’s economy as President Trump gears up to impose massive reciprocal tariffs on U.S. trading partners.