📄 27 — Availability Bias

Definition

Overestimating the importance of information that is recent, vivid, or easy to recall.

When to Use

• Risk assessment • Decision‑making • Forecasting • Evaluating evidence

How It Improves Reasoning

It helps you correct for distorted perceptions caused by memorable events.

Steps

  1. Identify the memorable event influencing judgment.
  2. Compare with base rates or broader data.
  3. Adjust perception accordingly.

Example

After hearing about a plane crash, people overestimate the danger of flying.

Prompts

• “Identify availability bias in this reasoning.” • “Compare this perception with base rates.”