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A paradox is a true statement or group of statements that appears as a contradiction or a situation which defies intuition; or, inversely, it can be a contradiction that actually expresses a non-dual truth (cf. Koan). Typically, either the statements in question do not really imply the contradiction, the puzzling result is not really a contradiction, or the premises themselves are not all really true or cannot all be true together. The word paradox is often used interchangeably with contradiction. Often, mistakenly, it is used to describe situations that are ironic.

The recognition of ambiguities, equivocations, and unstated assumptions underlying known paradoxes has led to significant advances in science, philosophy and mathematics. But many paradoxes, such as Curry's paradox, do not yet have universally accepted resolutions.

Sometimes the term paradox is used for situations that are merely surprising. The birthday paradox, for instance, is unexpected but perfectly logical. The logician Willard V. O. Quine distinguishes falsidical paradoxes, which are seemingly valid, logical demonstrations of absurdities, from veridical paradoxes, such as the birthday paradox, which are seeming absurdities that are nevertheless true.

Paradoxes in economics tend to be the veridical type, typically counterintuitive outcomes of economic theory. In literature a paradox can be any contradictory or obviously untrue statement, which resolves itself upon later inspection.

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Common themes in paradoxes include self-reference, the infinite, circular definitions, and confusion of reasoning levels.

The artist Patrick Hughes outlines three laws of the paradox:

• Self reference - so all Cretans are liars, said the Cretan, is self referential, because the Cretan describes all Cretans;
• Contradiction - so all Cretans are liars, said the Cretan, is a contradictory because the Cretan is saying that Cretans are liars
• Vicious circularity or infinite regress - so if all Cretans are liars, and the Cretan told us so, then it cannot be true, but if it is not true that Cretans are liars, then the statement stands, but then it is true that all Cretans are liars, so it must be a lie... and so on ad infinitum. Or...If the Cretan is indeed a liar like he is claiming, despite him being a liar, then not all Cretans are liars, simply the Cretan is indeed a liar but not ALL Cretans are liars.

Other paradoxes involve false statements or half-truths and the resulting biased assumptions.

For example, consider a situation in which a father and his son are driving down the road. The car collides with a tree and the father is killed. The boy is rushed to the nearest hospital where he is prepared for emergency treatment. On entering the surgery suite, the surgeon says, "I can't operate on this boy. He's my son."

The apparent paradox is caused by a hasty generalization. The reader, upon seeing the word surgeon, applies a poll of their knowledge of surgeons (regardless of its depth) and reasons that since the majority of surgeons are male, the surgeon is a man, hence the contradiction: the father of the child, a man, was killed in the crash. The paradox is resolved if it is revealed that the surgeon is a woman, the boy's mother.

Paradoxes which are not based on a hidden error generally happen at the fringes of context or language, and require extending the context or language to lose their paradoxical quality. Paradoxes that arise from apparently intelligible uses of language are often of interest to logicians and philosophers. This sentence is false is an example of the famous liar paradox: it is a sentence which cannot be consistently interpreted as true or false, because if it is false it must be true, and if it is true it must be false. Therefore, it can be concluded the sentence is neither true nor false. Russell's paradox, which shows that the notion of the set of all those sets that do not contain themselves leads to a contradiction, was instrumental in the development of modern logic and set theory.

Thought experiments can also yield interesting paradoxes. The grandfather paradox, for example, would arise if a time traveler were to kill his own grandfather before his father was conceived, thereby preventing his own birth. Under the 'traditional' definition of a paradox, the Grandfather Paradox (and other similar situations) are typically thought to cause spacetime to rip itself apart under the strain of attempting to resolve an 'unresolvable' conclusion (ie, the time traveller killed his grandfather, therefore the time traveller wouldn't be born, therefore his grandfather could not have been killed, therefore he (and the time traveller) are still alive - and so on). However, if the many worlds theory is correct, the death of the man does not cause the father of the time traveller and the time traveller to never be born because he is an alternate version of the grandfather.

W. V. Quine (1962) distinguished between three classes of paradoxes.

• A veridical paradox produces a result that appears absurd but is demonstrated to be true nevertheless. Thus, the paradox of Frederic's birthday in The Pirates of Penzance establishes the surprising fact that a person's fifth birthday is the day he turns twenty, if born on a leap day. Likewise, Arrow's impossibility theorem involves behaviour of voting systems that is surprising but true.
• A falsidical paradox establishes a result that not only appears false but actually is false; there is a fallacy in the supposed demonstration. The various invalid proofs (e.g. that 1 = 2) are classic examples, generally relying on a hidden division by zero. Another example would be the inductive form of the Horse paradox, or the Unexpected hanging paradox, which fallaciously asserts that an unexpected hanging can never occur through false regression.
• A paradox which is in neither class may be an antinomy, which reaches a self-contradictory result by properly applying accepted ways of reasoning. For example, the Grelling-Nelson paradox points out genuine problems in our understanding of the ideas of truth and description.

A fourth kind has sometimes been asserted since Quine's work.

• A paradox which is both true and false at the same time in the same sense is called a dialetheia. In Western logics it is often assumed, following Aristotle, that no dialetheia exist, but they are sometimes accepted in Eastern traditions and in paraconsistent logics. An example might be to affirm or deny the statement "John is in the room" when John is standing precisely halfway through the doorway. It is reasonable (by human thinking) to both affirm and deny it ("well, he is, but he isn't"), and it is also reasonable to say that he is neither ("he's halfway in the room, which is neither in nor out"), despite the fact that the statement is to be exclusively proven or disproven.

The paradox as a literary device has been defined as an anomalous juxtaposition of incongruous ideas for the sake of striking exposition or unexpected insight. It functions as a method of literary analysis which involves examining apparently contradictory statements and drawing conclusions either to reconcile them or to explain their presence. (Paradoxes: Their Roots, Range, and Resolution, ISBN 0812694368).

Literary or rhetorical paradoxes abound in the works of Oscar Wilde and G. K. Chesterton; other literature deals with paradox of situation. Rabelais, Cervantes, Sterne, Borges, and Chesterton are all concerned with episodes and narratives designed around paradoxes. Statements such as Wilde’s “I can resist anything except temptation” and Chesterton’s “spies do not look like spies” are examples of rhetorical paradox. Further back, Polonius’ observation in Hamlet that “though this be madness, yet there is method in’t” is a memorable third.

A taste for paradox is central to the philosophies of Lao Tzu, Heraclitus, Meister Eckhardt, Kierkegaard, Nietzsche and Tom Robbins--just to name a few.