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date: 04 Jul 2020 - 04 Jul 2021
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date: 01 Jul 2020 - 01 Jul 2021
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date: 26 Jun 2020 - 26 Jun 2021
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date: 25 Jun 2020 - 25 Jun 2021
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date: 24 Jun 2020 - 24 Jun 2021
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date: 22 Jun 2020 - 22 Jun 2021
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date: 22 Jun 2020 - 22 Jun 2021
The Framing Effect and Confirmation BiasThe framing effect describes our tendency to react to, judge, or interpret the exact same information in distinctly different ways depending on how it is presented to us, or “framed” (most commonly, whether the information is framed as a loss or as a gain). Building off of the previously discussed concepts of loss aversion and Prospect Theory, people tend to avoid risk when information is presented in a positive frame but seek risk when information is presented in a negative frame.The Gambler's FallacyThe gambler's fallacy, also known as the Mont...