What you have to ask yourself to overcome the sunk cost fallacy
is, how much more am I willing lose?
#3: Environmental Health Is Not Part of Emergency Preparedness and Response
An ample knowledge on investments, such as financial analysis and creation of pro forma financial statements, would help make a difference in shying away from this fallacy
In accordance with the deliberations of Aristotle in the above-referred book every fallacy
has three basic characteristics:
4: To export, firms must sell to buyers in foreign countries.
Critique: "Texan Identities: Moving beyond Myth, Memory, and Fallacy
in Texas History" is comprised of seven erudite, informative, thoughtful and insightful essays.
that Briggs chooses for special mention, because it is so common and so harmful, is the epidemiologist fallacy
The "wisdom of our ancestors" fallacy
has often been invoked in debates over same-sex marriage.
We find combined evidence that lottery portfolio sellers take advantage of buyers' belief in the Hot-Hand Fallacy
in the following ways: (1) Directly following a previous win in their portfolio, sellers increase their commission rate charged to the buyers, to be collected as a percentage of the lottery winnings.
The presenter of the fallacy
claims that there are only two choices, when there are really more than two.
For the study, the researchers gave patients with injuries to specific parts of the brain (the ventromedial prefrontal cortex, the amygdala, or the insula) two different gambling tasks: a slot machine game that delivered wins and 'near-misses' (like a cherry one position from the jackpot line), and a roulette game involving red or black predictions, to elicit the gambler's fallacy
<![CDATA[ Those who feel time in their bones know the patterns of history and can never lose themselves in one age or fall into the fallacy
of a new era.