If you’ve ever let unworn clothes clutter your closet just because they were expensive, or followed through on plans you were dreading because you already bought tickets, you’re familiar with the sunk ...

There is clearly no need for formal instruction in "how to play," in "getting along with the group," in "selecting a dentist, ...

Discover the base rate fallacy's impact on investing decisions. Learn how overlooking this cognitive bias can lead to financial misjudgments and market misconceptions.

Ali Hussain has a background that consists of a career in finance with large financial institutions and in journalism covering business. Vikki Velasquez is a researcher and writer who has managed, ...

One of the pillars of American mythology is the “bootstrap” theory of self-improvement and personal progress. In this thinking, the individuals pull themselves up to a better station in life by their ...

Opinions expressed by Entrepreneur contributors are their own. What do governments, businesses and individuals have in common? They’ve all invested time and money in forecasting how long a project ...

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

I’ve written in CP before that I believe once a Christian is saved through the sacrifice of Christ, they cannot lose their salvation. This doctrine is most often called the perseverance (sometimes ...

Torpedo bats are all the rage in Major League Baseball these days, but one bat expert set the record straight on an idea that has been floating around since their introduction. Keenan Long of LongBall ...