The gambler’s fallacy is a concept known by many names—you might hear people refer to it as the gambler’s paradox, the Monte Carlo fallacy, or the fallacy of the maturity of chances.
The problem has its roots in the McNamara Fallacy (also known as ‘the quantitative fallacy’). Robert McNamara was the US secretary of defence who popularised decision-making based on quantitative ...
Creinin MD. Intrauterine Devices: Separating Fact From Fallacy. MedGenMed 1(1), 1999. [formerly published in Medscape Women's Health eJournal 1(5), 1996]. Available at: https://www.medscape.com ...