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Nadine Stulz
on Oct 21, 2024

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You are quite sure that it rains every time you wash your car. In fact, this is probably not true, but it is most related to which heuristic?

A) representativeness
B) base-rate
C) avoiding risk
D) availability

Availability Heuristic

A cognitive bias in which people judge the probability of events based on how easily examples come to mind, often leading to skewed perceptions of reality.

Base-Rate

The underlying or foundational rate of occurrence for a particular event or outcome within a given population or dataset.

  • Discern the significance of heuristics, including the availability heuristic, on judgment and the process of making decisions.
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cooper whiteOct 22, 2024
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