Discover the gambler's fallacy, why past events don't affect future outcomes, and how this misconception impacts gambling and ...
Discover what sunk costs are and how the sunk cost fallacy can impact decision-making in personal and business scenarios.
Editor's Note: For 31 years now, Paul Solman's reports on the NewsHour have aimed to make sense of economic news and research for a general audience. Since 2007, our ...
With the constant stream of data about COVID-19, it can be hard to make sense of all the numbers. We look at the base rate fallacy, and how some people are making this mistake when assessing risk.
Megan McArdle spent years in a doomed relationship. The reason, she says: She fell victim to a common economic fallacy. Our Planet Money team has a love story with an economic idea at its heart. And ...
Speak like an insider! Welcome to Snopestionary, 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. The red ...
Recently I've been deep-diving into a model of brain, mind, and behavior—active inference and the free energy principle—developed by a leading neuroscientist and computational psychiatrist Karl ...
Let’s bust some myths about cloud-based phones. When the infrastructure is designed correctly, most VoIP equipment is equal ...