Faulty reasoning signals

• Confirmation Bias - 0%
• Anchoring Bias - 5.6% (31 hits)
• Availability Heuristic - 18.1% (100 hits)
• Representativeness Heuristic - 11.2% (62 hits)
• Hindsight Bias - 0%
• Overconfidence Bias - 0%
• Framing Effect - 5.8% (32 hits)
• Loss Aversion - 0%
• Status Quo Bias - 7.6% (42 hits)
• Sunk Cost Effect - 0%
• Optimism Bias - 5.4% (30 hits)
• Pessimism Bias - 10.3% (57 hits)

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Best and WORST dressed guests at Michael Rubin's star-studded White Party

Every year, Michael Rubin hosts a star-studded bash in honor of July 4 with a strict all-white dress code.

Celebrities go wild at the sportswear mogul's $50 million mansion in the Hamptons for his annual blowout bash - but this time, the celebration is a little earlier than usual.

The lavish gathering has been brought forward to avoid clashing with the upcoming wedding of Taylor Swift and Travis Kelce, who are rumored to be tying the knot this week in New York.

And so, the 53-year-old Fanatics founder instead welcomed A-listers on Wednesday evening.

Alicia Keys, Livvy Dunne, Alix Earle, Cardi B and Victoria's Secret star Jasmine Tookes were among the famous faces in the crowds.

There were some outstanding ensembles on display, complete with elegant trains, luxury materials and inspiring design choices.

But not everyone's outfits have been standing up to scrutiny under the sartorial spotlight with a selection of stars plagued by fashion faux pas.

Here, the Daily Mail has rounded up the best and worst dressed stars at Rubin's White Party this year.

BEST

Alicia Keys dazzled in a shimmering turtleneck jumpsuit as she mingled guests on an outdoor terrace at Michael Rubin's annual White Party in the Hamptons on Wednesday.

The glittery ensemble accentuated her curves and left her toned shoulders on full display

Designer Sofia Bianchessi looked effortlessly chic in a $2,300 maxi dress by Silvia Tcherassi that boasted a plunging neckline and ruching to the midriff with a nautilus-inspired resin ornament

Author Lisa Ramos, 36, opted for a playful $115 halter-neck mini dress from Oh Polly that boasted semi-sheer chiffon, scooped low back and tiered ruffle mini skirt before being finished with two delicate floral corsages at the neckline and hip

Influencer Carter Gregory kept it casual in a long sleeve chiffon top that boasted tie detailing around the collar.

He wore the trendy piece largely unbuttoned and paired it with white jeans

Influencer Carolyn Estephany showcased her fashion credentials in a crisp white, high halter-neck bodysuit with wrap around skirt.

The ensemble flashed plenty of flesh but she kept her her accessories simple with gold necklaces, bracelets and a pair of statement sunglasses

Victoria's Secret supermodel Jasmine Tookes looked ethereal as she posed in a classic white minidress with a cinched waist

Dutch skater Jutta Leerdam was seen at the event with her fiancé Jake Paul, and she looked stunning in a white gown that contained a very low-cut neckline and thigh-high slit

WORST

Blonde beauty Alix Earle, 25, (left) risked a serious wardrobe malfunction in a barely-there ensemble that showcased her enviable physique as she opted to match with fellow influencer Anastasia Karanikolaou (right)

Livvy Dunne, 23, wore too many mismatched textures with a $239 figure-hugging maxi dress by British womenswear brand House of CB - complete with ruched mesh, square neck and bustier-inspired bodice.

She finished the look with white open-toe heels, pearl bracelet, shell-beaded bag and metallic phone case

Cardi B nearly suffered an X-rated wardrobe malfunction in a white dress that was a little too low-cut for comfort

Former NFL star Rob Gronkowski, 37, played it a little too safe with a somewhat boring ensemble that simply consisted of white linen pants and a short sleeved collared shirt with textured detailing