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Destini Lewis
on Oct 08, 2024

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Because gun violence is portrayed frequently on television and in movies,people mistakenly assign too high of a probability that they will fall victim to gun violence,and too low of a probability to more likely but less publicized events.This phenomenon illustrates:

A) the effect of the availability heuristic.
B) that people suffer from hindsight bias.
C) that events are poorly framed by the media.
D) the self-serving bias at work.

Availability Heuristic

A cognitive shortcut based on the first examples that spring to mind when considering a particular subject, idea, strategy, or choice.

Gun Violence

Refers to the use of firearms to commit violence or harm, including homicides, suicides, and accidental shootings.

Probability

A measure of the likelihood of a specific event or outcome to occur, expressed as a number between 0 and 1.

  • Identify different cognitive biases and their influence on economic actions.
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JD
Jason DolinskyOct 15, 2024
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