Wishful Thinking: A Critical Analysis of Homeopathy Part II
This is a continuation of my post on homeopathy in which I talked about the history of homeopathy and how it is scientifically tested. I ended the post wondering why there was so much public acceptance for such an ineffective product. In this post, I will discuss the various cognitive biases that allow well-intentioned individuals to falsely believe that homeopathic interventions have positive effects.
An Offer You Cannot Refuse

Currency - by bradipo
Imagine that you are on a game show. Consider the following two scenarios:
The host has given you $2000 to begin with. You are now given a choice – you can stay with your money or participate in the “Double or Nothing”. Should you choose the event, the host would flip a fair coin. Should the coin land heads, you will get an extra $2000. Should it land tails, you lose the $2000 you have.
The host has given you $4000 to begin with. You are now given a choice – you can participate pay a fine of $2000 or participate in the “Trap of Doom” event. Should you choose the event, the host would flip a fair coin. Should the coin land heads, you get to keep all $4000. Should it land tails, you loose all $4000 to the “Trap of Doom”.
Would you participate in the “Double or Nothing” event? Would you participate in the “Trap of Doom”? Are your answers different?