Discover the base rate fallacy's impact on investing decisions. Learn how overlooking this cognitive bias can lead to financial misjudgments and market misconceptions.

When we try to follow the shifting path of the pandemic, it's easy to get lost in the numbers. Not all of us are statisticians. Amanda Aronczyk of NPR's Planet Money podcast brings us a fallacy to ...

Israel’s data shows that the COVID-19 vaccine works, but only if it’s analyzed correctly: the unfortunate story of the base rate fallacy. The vaccines are working, but only looking at the number of ...

When it comes to thinking about the likelihood of events in the world, humans are woefully lacking. Indeed, when we reason about likelihoods and probabilities, we’re susceptible to all manner of ...

With the constant stream of data about COVID-19, it can be hard to make sense of all the numbers. We look at the base rate fallacy, and how some... Planet Money Investigates The Base Rate Fallacy As ...

When it comes to thinking about the likelihood of events in the world, humans are woefully lacking. Indeed, when we reason about likelihoods and probabilities, we’re susceptible to all manner of ...