There are many messages from science that bear repeating. One of them is that correlation does not mean causation. When headlines include a cause-effect conclusion based on correlational evidence, ...
In general, people like the world to make sense. We try to see connections even where they don’t exist. We want to understand the “why’s” and exert control over our environments. And we want to ...
Forbes contributors publish independent expert analyses and insights. Bryce Hoffman writes about leadership, strategy, and decision making. The gambler’s fallacy is ...
As an entrepreneur, sharp decision-making is your superpower, but thinking traps can hinder your success. Learn how to navigate these pitfalls and strengthen your decision-making skills with insights ...
The gambler’s fallacy is an important example of betting jargon and one that describes a common and problematic mindset that may impact your decision-making when gambling online. This is also known as ...
Clear and rational thinking is essential for effective decision-making and communication in the work place. However, logical fallacies—errors in reasoning that undermine the logic of an argument—are ...