We are apprehensive about an airplane crash more than food poisoning, even though the probability of death by food poisoning is higher than an aviation crash.
We prefer to bet on a mega-million lottery than on a million jackpot, even if the probability of winning the former is way more minuscule than the latter.
The more emotional a consequence is, the more we disregard its probability of occurring.
It is easier to come up with a list of others’ shortcomings than our own. It...
We have been witnessing many unforeseen changes in life. We wondered why our children suddenly became...
People have an intense need to be desired. The more desirable one was, the better survival...
An odd one out causes a disproportionate effect on statistical results. A single financial catastrophe blows...