What is Availability Heuristic Bias - Behavioral Finance Biases
Which are deadlier: sharks or horses? (availability heuristic)
Brain Games - Availability Heuristic
The availability heuristic is a mental shortcut that relies on immediate examples that come to a given person's mind when evaluating a specific topic, concept, method or decision. The availability heuristic operates on the notion that if something can be recalled, it must be important, or at least more important than alternative solutions which are not as readily recalled. Subsequently, under the availability heuristic, people tend to heavily weigh their judgments toward more recent information, making new opinions biased toward that latest news.
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