Availability Bias - Deepstash
Availability Bias

Availability Bias

Availability bias makes easily recalled examples seem more important:

  • Vivid examples outweigh accurate statistics
  • Recent events seem more probable than distant ones
  • Emotionally charged incidents distort risk assessment
  • Media coverage amplifies availability of certain risks
  • Personal experiences overshadow broader patterns

This bias explains why people fear terrorism more than heart disease, worry about shark attacks more than car accidents, and overestimate the likelihood of lottery wins. Our risk assessment follows ease of recall rather than actual probability.

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aidenm

I’ll sleep when I am dead.

<p>Think you make rational decisions? Think again. This eye-opening book reveals how our minds are riddled with systematic thinking errors. Author Rolf Dobelli distills decades of cognitive research into 99 short chapters, each exposing a common mental mistake and how to avoid it. From why we overvalue things we already own to how experts consistently fail with predictions, these cognitive biases affect every aspect of life—investing, business, relationships, and everyday decisions. Once you recognize these thinking traps, you'll catch yourself falling for them and make dramatically better choices.</p>

Similar ideas to Availability Bias

The Availability Heuristic

The Availability Heuristic

The availability heuristic causes us to judge probability based on how easily examples come to mind. This creates predictable distortions:

  • Vivid incidents seem more common than statistics suggest
  • Recent events appear more probable than distant ones
  • ...

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