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.
![[Python] Law of Large Numbers - Dice Roll](https://econowmics.com/wp-content/uploads/2020/07/Photo-by-Aliko-Sunawang-from-Pexels-80x80.jpg)
![[Python] Law of Large Numbers - Dice Roll](https://econowmics.com/wp-content/uploads/2020/07/Photo-by-Aliko-Sunawang-from-Pexels-520x245.jpg)
