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linkLudic Fallacy

The misuse of games to model real-life situations. The adjective ludic originates from the Latin noun ludus, meaning "play, game, sport, pastime"

linkExample

Two people are involved:

A third party asks them to "assume that a coin is fair, i.e., has an equal probability of coming up heads or tails when flipped. I flip it ninety-nine times and get heads each time. What are the odds of my getting tails on my next throw?"

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Ludic FallacyExample

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