Which of the following best describes an availability bias?
A) the tendency of people to do or believe things because many others do
B) the tendency to judge an event based on how easily examples come to mind
C) the tendency to draw different conclusions from a wide range of information
D) the tendency for people to have stronger preferences for immediate payoffs

Question

Quizplus · Accepted Answer

Availability bias refers to the tendency to judge an event based on how easily examples come to mind, often leading to overestimation of likelihood or frequency of an event.

Which of the Following Best Describes an Availability Bias