Availability Heuristic

//Availability Heuristic

Availability Heuristic

One of the most useful findings of modern psychology is what Daniel Kahneman calls the Availability Bias or Heuristic: We tend to most easily recall what is salient, important, frequent, and recent. The brain has its own energy-saving and inertial tendencies that we have little control over – the availability heuristic is likely one of them. Having a truly comprehensive memory would be debilitating. Some sub-examples of the availability heuristic include the Anchoring and Sunk Cost Tendencies.

Source:
Shane Parrish’s Farnam Street Mental Model Guide

2018-09-24T06:56:46+00:00