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What is Salience bias Definition and Example Understanding Cognitive Biases
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Get the paperbacks or the FREE audiobooks with the links below: • Buy the Books on Amazon US - • Art of Thinking Clearly - https://amzn.to/2Kv1jZi • Thinking Fast and Slow - https://amzn.to/3nUiT79 • Freakonomics - https://amzn.to/38HmSxy • Buy the Books on Amazon India - • Art of Thinking Clearly - https://amzn.to/3ptMp4m • Thinking Fast and Slow - https://amzn.to/3mLx516 • Freakonomics - https://amzn.to/37Rig8T • The ultimate list of cognitive biases part 1 - https://mycognitivebiases.com/ultimat... • Timestamps • Intro - 00:00 • Definition - 00:02 • Example - 00:12 • Outro - 00:43 • ------------------------------------------ • What is Salience bias? • Definition: • The tendency to focus on items that are more prominent or emotionally striking and ignore those that are unremarkable, even though this difference is often irrelevant by objective standards. • Example: • The bizarreness effect, but based on things that overall stand out. • “Thus, vivid and easily imagined causes of death (for example, tornadoes) often receive inflated estimates of probability, and less-vivid causes (for example, asthma attacks) receive low estimates, even if they occur with a far greater frequency (here, by a factor of twenty).” – Richard H. Thaler • More on mycognitivebiases.com • ------------------------------------------ • What are Cognitive Biases? • A cognitive bias is a systematic error in thinking that occurs when people are processing and interpreting information in the world around them and affects the decisions and judgments that they make. • ------------------------------------------ • Note: The above links are affiliate links, we get a small cut if you buy anything from the above links which in turn goes towards helping us provide you with helpful content like this. Support us by using the links above. • #cognitivebias #cognitivebiases #mycognitivebiases #cognitivescience
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