Argumentum ad populum is another type of a logical fallacy that argues for the truth of a claim based on its widespread belief.

I’ve had some variety of this conversation several times over the years, so often, in fact, that I have come to describe the mistaken assumption the Skips of the world labor under as the valedictorian ...

The gambler’s fallacy is a concept known by many names—you might hear people refer to it as the gambler’s paradox, the Monte ...

Pathetic fallacy is often used to describe the environment. The weather and season can be described with human emotions to reflect the mood of a character or create a tone. 'The raindrops wept ...

Whether it’s with golf betting, roulette, slots, lottery or another form of gambling, the “gambler’s fallacy” is a common misconception among bettors. The gambler’s fallacy, also known ...

It would require more time and effort on your part if you do. The sunk cost fallacy causes people to stick with a failing decision just because they've already invested in it. Psychological biases ...

The systematic investment plans (SIP) of mutual funds offer a path to stock ownership that’s good for individuals.