The platinum rule is a moral principle which denotes that you should treat others the way they want to be treated. For example, the platinum rule denotes that if someone wants you to leave them alone, then you should do that. The platinum rule can be useful in many situations, but it’s important to ... Read more| Effectiviology
Begging the question (also called petitio principii or circular reasoning) is a logical fallacy that occurs when an argument’s premise depends on or is equivalent to the argument’s conclusion. In other words, an argument begs the question if one or more of its premises assume that the argument’s conclusion is necessarily true.| Effectiviology
The outcome bias (or outcome effect) is a cognitive bias that leads people to judge decisions mainly based on their outcomes, in a way that’s irrelevant to the true quality of those decisions. Accordingly, the outcome bias can cause people to judge good decisions as being bad if they lead to negative outcomes, and to judge bad decisions as being good if they lead to positive outcomes.| Effectiviology
The action bias is a cognitive bias that causes people to favor action over inaction, without properly considering the outcomes that this will bring. For example, the action bias can drive someone to make unnecessary changes to their investment portfolio, even if it would be better for them to do nothing.| Effectiviology