The Law of Large Numbers
Another mistaken notion connected with the law of large numbers...
Rational Preferences
I don’t drink coffee I take tea my dear I...
The Gambler’s Fallacy: odds are not in your favor
Play interests me very much,” said Hermann: “but I...
Compassion fade
Compassion fade is a cognitive bias, which refers to the decrease in the compassion one shows for the people in trouble as the number of the victims increase.
