Availability bias


We rely on the examples that immediately come to mind when evaluating some specific topic, concept, method, or decision.1

If something is readibly available in your mind, you are more likely to use when evaluating.

We think that events which we can easily recall are more likely to occur.

Remember the lesson: ‘An idea or a fact is not worth more merely because it is easily available to you.’
Charlie Munger

Footnotes

  1. Availability heuristic - Wikiwand

Outgoing links: Charlie Munger