We are surrounded by random events every day. Will the stock market rise or fall tomorrow? Will the next penalty kick in a soccer match go left or right? Will your lottery ticket finally win? Often, ...

Forbes contributors publish independent expert analyses and insights. Mark Travers writes about the world of psychology. Do you think good moments and bad moments in life have to even out eventually?

The gambler’s fallacy is an important example of betting jargon and one that describes a common and problematic mindset that may impact your decision-making when gambling online. This is also known as ...

No, your time is not a “sunk cost.” ...

Narrative fallacy is a term introduced by Nassim Taleb [1]. It refers to our difficulty looking at a sequence of facts without connecting them in some way, either to each other or to something else we ...

Forbes contributors publish independent expert analyses and insights. I write about relationships, personality, and everyday psychology. Narcissists rely on these five ‘logical fallacies’ like a ...