Everyone has a story. Maybe it was your very first poker hand, a spontaneous golf swing that somehow landed perfectly, or a business idea you pitched without a shred of experience that actually got ...

Did you know that climate change is making the San Francisco region more foggy? The Bay Area just had its foggiest May in 50 years. And thanks to global warming, it’s about to get even foggier. Did ...

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 ...

We test for a “hot hand” (i.e., short-term predictability in performance) in Major League Baseball using panel data. We find strong evidence for its existence in all 10 statistical categories we ...

I guess they call it “Believeland” for a reason. Of course, it was the Cleveland Cavaliers who popularized that moniker, back when superstar forward LeBron James helped the Cavs finally deliver a ...

Billy Horschel’s eyes lit up, his mind pulling him back to a three-week run of golf better than he’s ever played. When asked about it, Horschel can recall many of the shots, but mostly he remembers ...

Subscribers to Chart of the Week received this commentary on Sunday, July 16. The Hot Hand fallacy is a cognitive social bias that was highlighted in the Big Short, the cautionary tale about the 2008 ...

Gambler’s fallacy is a common cognitive bias that affects decision-making, especially in areas like gambling, investing, and trading. In this article, we’ll strive to break things down by giving you a ...

Games of chance are a crucible for human biases, errors and fallacies. Two popular concepts in people’s perception of gambles are the hot hand and gambler’s fallacies, which may occur in a series of ...