Linda is 31 years old, single, outspoken, and very bright. She majored in philosophy. As a student, she was deeply concerned with issues of discrimination and social justice, and also participated in ...

ABSTRACT: Recent advances in behavioral economics and quantum cognition and decision elucidated a number of deviations of actual human decisions and choices from mathematical principles of normative ...

In the process of daily decision-making, individuals frequently depend on the information at their disposal to formulate judgments. However, cognitive biases can skew these judgments, resulting in ...

I suspect that 95 percent of customers don’t want to wait. That’s why decent service providers would give you their acceptable waiting time. For pizza delivery, it’s not more than 30 minutes. For the ...

Forbes contributors publish independent expert analyses and insights. Bryce Hoffman writes about leadership, strategy, and decision making. The gambler’s fallacy is ...

Over the last two decades, and in particular over the last five years, there has been a growing scientific interest in conspiracy theories and people who believe in them. Although, some may think ...

ABSTRACT: While many studies have investigated incorrect evaluations of cognitive bias type and how age-related decisions are influenced by it, few have compared this phenomenon across different age ...

Sound, light and the conjunction fallacy in rats Some have argued that the conjunction fallacy, rather than being a true logical error, may hinge on language, particularly people's uncertainty about ...

New research from the University of California, Los Angeles (UCLA) has uncovered an intriguing connection between humans and rats: both species appear to fall victim to the same type of logical ...