Learn what the sunk cost fallacy is, why people stick with bad decisions, and how to recognize this bias in money, work, ...

If you follow debates about political or philosophical issues, you have probably run across people accusing their opponents of committing the "No True Scotsman Fallacy" or even been accused of it ...

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 ...

This time of year, when adjustments in Social Security checks and tax brackets come out, church, school district and condo association budgets are finalized, and the year’s inflation numbers come out, ...

Here at Snopes, we encounter our fair share of logical fallacies, or errors in reasoning, that tend to be more persuasive than they ought to be, and are based on poor or faulty logic. In previous ...