Tag

risk

Entries tagged with risk - exploring this theme across cognitive biases, logical fallacies, mental models, and more.

3 concepts

Availability Heuristic

We judge how likely something is based on how easily we can think of an example - not on how often it actually happens.

We'd rather face a worse outcome from chance than a better one that carries any risk of being betrayed by another person.

The tendency to overestimate the likelihood of positive outcomes and underestimate the likelihood of negative ones happening to you.