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

In his essay 'It Is Over,' Zorain Nizamani presents an image of an elite class with a worn-out ideology, against which the tech-savvy younger generation makes a silent and noble exit. Nonetheless, ...

Abstract: In the light of the growth of social media, information is easily available and accessible. When receiving information, social media users are likely to take information for granted without ...

Explore the sunk cost dilemma, a key financial concept impacting decisions on investing in failing projects. Learn how to manage it with real-world examples and insights.

MIchaelAaron Flicker is the co-author of "Hacking The Human Mind: The Behavioral Science Secrets Behind 17 of the World's ...

Wisdom fluctuates. New longitudinal evidence suggests wise reasoning is a trainable toolkit —not a trait — and repeated ...

While AI models may exhibit addiction-like behaviors, the technology is also proving to be a powerful ally in combating real ...

Getting an ROI with AI is not only achievable in 2026, but it will also be mission-critical to remain competitive in the ...

The history of AI shows how setting evaluation standards fueled progress. But today's LLMs are asked to do tasks without ...

The media calls it “investment”. At Ibrox, it’s sunk cost madness, endless churn, and spending money they do not have.

Since its release in 2009, it's been a continuing fallacy for pundits to hold up Mac OS X Snow Leopard as the perfect example of how Apple should update the Mac. It's a funny world where Apple is ...

In Week 11, I explained the difference between anticipated regression and the so-called "Gambler's fallacy", and in Week 12, ...