The original definition of the word “bias,” when it entered the English language in the 16th century, was a diagonal line, and specifically one that cut across the warp or weft of a woven fabric. It ...

Adam Hayes, Ph.D., CFA, is a financial writer with 15+ years Wall Street experience as a derivatives trader. Besides his extensive derivative trading expertise, Adam is an expert in economics and ...

Clay Halton was a Business Editor at Investopedia and has been working in the finance publishing field for more than five years. He also writes and edits personal finance content, with a focus on ...

The self-serving bias is defined as people's tendency to attribute positive events to their own character but attribute negative events to external factors. It's a common type of cognitive bias that ...

Implicit bias refers to unconscious stereotypes against others and how they affect our behavior. Implicit bias, aka unconscious bias, reinforces inequalities at work, school, the doctor's, and more.

You’re probably familiar with self-serving bias, even if you don’t know it by name. A self-serving bias is the common habit of a person taking credit for positive events or outcomes, but blaming ...