What is availability bias?
An example of an AI chatbot conversation about availability bias in decision-making.
Can you explain what availability bias is?
Sure! Availability bias is a cognitive bias that occurs when people rely on immediate examples that come to mind when evaluating a specific topic or decision.
Can you give me an example of availability bias in real life?
Absolutely! For instance, if someone frequently hears about airplane accidents in the news, they might overestimate the danger of flying, despite it being statistically safe.
How does availability bias affect decision-making?
It can lead to poor decision-making because individuals may overlook important information or statistics that contradict their immediate impressions.
What can we do to mitigate availability bias?
To mitigate it, one can seek out diverse information sources, consider statistical data, and reflect on past decisions to recognize patterns.
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