Chapter 11
Availability Bias
We judge the likelihood of events based on how easily examples come to mind — not on actual statistics. Vivid, recent, or dramatic events feel more probable than they are.
Examples
- After a plane crash dominates the news, people fear flying — while continuing to drive, which is statistically far more dangerous.
- Shark attacks get massive media coverage, causing people to wildly overestimate their frequency.
- After hearing about a neighbor's house being burgled, we overestimate local crime rates dramatically.