No, your time is not a “sunk cost.” ...
(MoneyWatch) Have you heard the parable of the broken window? It's a wonderful example of unintended consequences that applies not only to businesses activity and government regulations, but to ...
The fallacy is that we are surprised when things that are supposed to vary a lot, come down one way a number of times. We feel the next case must break the pattern. In reality, there is no pattern.
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 ...
Forbes contributors publish independent expert analyses and insights. Mark Travers writes about the world of psychology. Do you think good moments and bad moments in life have to even out eventually?
Independence focuses on one individual achieving a goal or task fully on their own. Interdependence is a dynamic, mutual process of reliance and support between two or more individuals to achieve a ...
The March/April issue of Harvard Business Review featured an article titled, “The Feedback Fallacy” on its cover. In it, the co-authors argue that feedback in the workplace is mostly useless, even ...
Before we talk about the quality of education or the importance of freed, when it comes to charter schools, there's a much more fundamental fallacy that we must address first, a fallacy that addresses ...
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