After binge-watching during shark week, you believe that the likelihood of a shark attack is more common than in reality. You then cancel your vacation to the ocean front. You are a victim of
A)satisficing.
B)escalation of commitment.
C)hasty generalization.
D)the representativeness bias.
E)the availability bias.

Question

Quizplus · Accepted Answer

The availability bias occurs when we estimate the likelihood of an event based on how easily examples of that event come to mind. The individual in this scenario has recently watched several shows about shark attacks, making those examples of shark attacks more easily accessible in their mind. This bias leads to overestimations or underestimations of the probability of events occurring.

After Binge-Watching During Shark Week, You Believe That the Likelihood