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Chemistry

Particles That Neither Dissolve Nor Sink: Colloids

A colloid is a mixture in which particles too small to see are evenly dispersed and suspended in another substance. This article explains how colloids differ from solutions, the co

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Social welfare

A Life Outside the Market: Decommodification

Can you still protect your livelihood when illness or job loss keeps you from working? This article explains decommodification as defined by Gøsta Esping-Andersen, the criteria use

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Psychology

I Knew It All Along: Hindsight Bias

Hindsight bias is the mental habit of believing, after something has happened, that we could have predicted the outcome from the start. We look at the experiments that first confir

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Statistics

Torture the Numbers and They Will Confess: P-hacking

P-hacking is the practice of analysing data in different ways until a “statistically significant” result appears. We look at what p-values mean, the common ways p-hacking happens,

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Economics

Winning but Losing: The Winner’s Curse

The winner’s curse is when the person who most overestimates an item’s uncertain value wins the auction and overpays. This piece covers its origin in Capen, Clapp and Campbell’s 19

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Economics

Too Invested to Quit: The Sunk Cost Fallacy

Why do we sit through a dull movie just because we paid for the ticket? This guide explains sunk costs, the bygones principle, why people fall into the sunk cost fallacy, classic e