Our tendency to judge the likelihood of an event on the basis of how readily we can remember instances of its occurrence is called the

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The availability heuristic is the tendency to judge the likelihood of an event based on how easily examples of it can be recalled. This can lead to overestimating the likelihood of rare or dramatic events and underestimating the likelihood of common events that may not be as memorable. The confirmation bias refers to the tendency to favor information that confirms our pre-existing beliefs, the representativeness heuristic is the tendency to rely on stereotypical or prototypical examples when making judgments about a category or group, and the belief perseverance phenomenon refers to the tendency to maintain our beliefs even in the face of contradictory evidence.

Our Tendency to Judge the Likelihood of an Event on the Basis