Pinterest • The world’s catalog of ideas

A 10% increase in public school spending led to ca 7% higher wages 3.2 percentage point reduction in adult poverty and 0.31 more completed years of education

from io9

Critical thinking explained in six kid-friendly animations

Video five describes the gambler's fallacy, while acknowledging that the human brain is always looking for patterns. Not a bad way to warn kids off gambling.


Gambler's Fallacy (Paperback)

from Young Life Perception

5 Logical Fallacies People Would be Surprised You Know

We looked at various logical fallacies and how we may not notice using them everyday. This is the Gambler's Fallacy.

This article explores the Misconceptions of Chance including the Gambler's Fallacy and The Law of Small Numbers.

"Hot hand and gambler’s fallacy in teams: Evidence from investment experiments" by Thomas Stöckl, Jürgen Huber, Michael Kirchler, Florian Lindner. This study examines how willing people are to make investments based off the gambler's fallacy: (Men were twice as likely as women)