What Is Hot-hand Fallacy And How To Avoid It
Heuristics are a way for us humans to make decisions quicker, but sometimes relying on them leads to poor ones. Hot-hand fallacy is a heuristic that can cause bad financial decisions, but what is...
Heuristics are a way for us humans to make decisions quicker, but sometimes relying on them leads to poor ones. Hot-hand fallacy is a heuristic that can cause bad financial decisions, but what is...
Making decisions is hard work on the brain, that is why heuristics exist, which often lead to biased behaviour. Decision fatigue is no different! Read on to find out what decision fatigue means and...
Choice overload is a kind of bias in human behaviour that affects our decision making, like all heuristics and biases do. Understanding why biased behaviour happens can help you minimise the effect on your...