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

Amanda Montell has come on Marketplace a few times about the cult of work. We talked about why culty workplaces, like Neiman Marcus in the ‘80s, are so effective. We’ve also talked about the downsides ...

What percentage of projects in your workplace miss the deadline or go over budget? How often do you see hiring decisions and employee performance and promotion assessments influenced by factors not ...

Drawing incorrect conclusions, based on ill-conceived heuristics, can lead to bad decision making. This is cognitive bias. Researchers have identified an enormous range of cognitive biases that can ...

Shekar Natarajan is the founder and CEO of Orchestro.AI. In every supply chain, there comes a moment when someone has to decide what matters most. Which shipment gets prioritized when there’s not ...

Learn how behaviorists explain market inefficiencies through human psychology. Discover key concepts in behavioral economics and finance that challenge rational models.

Managing money may seem like it’s purely a numerical endeavor. But look under the hood of personal finance and investing, and you'll discover something far more profound at work: human psychology. Our ...

Opinions expressed by Entrepreneur contributors are their own. Are you a trader looking to improve your trading skills and increase your profits? Did you know that cognitive biases can have a ...

Gambler’s fallacy is a common cognitive bias that affects decision-making, especially in areas like gambling, investing, and trading. In this article, we’ll strive to break things down by giving you a ...

When it comes to understanding the fundamental principles behind odds and probabilities, there is perhaps no better person to ...

People often ask me how they can avoid misinformation. I wish there was an easy answer, but effectively avoiding misinformation means reevaluating our relationship with information. The perpetuation ...