Behavioural Economics - Availability Bias

Share this & earn $10
tutor2u
Published at : 29 Nov 2020
10008 views
32
1

The availability bias happens when we overestimating the likelihood of something happening because a similar event has either happened recently or because we feel very emotional about a previous similar event.
- - - - - - - - -
MORE ABOUT TUTOR2U ECONOMICS:

Visit tutor2u Economics for thousands of free study notes, videos, quizzes and more:

https://www.tutor2u.net/economics

A Level Economics Revision Flashcards:
https://www.tutor2u.net/economics/store/selections/alevel-economics-revision-flashcards

A Level Economics Example Top Grade Essays:
https://www.tutor2u.net/economics/store/selections/exemplar-essays-for-a-level-economics
behavoural economicsheuristicsavailability bias

MrsMajor 3.0 | Bloody Computer Virus | FMV #94

MrsMajor 3.0 | Bloody Computer Virus | FMV #94

LADY COP LOSES HER MIND - 1st AMENDMENT AUDIT - Cop Watch

LADY COP LOSES HER MIND - 1st AMENDMENT AUDIT - Cop Watch

TULOY TULOY LANG (Official Video)

TULOY TULOY LANG (Official Video)

Dr. Alban - Loverboy (Official Video)

Dr. Alban - Loverboy (Official Video)

p4rkr - Moral Of The Story The World Hates You And That's Just How It Is (Lyrics)

p4rkr - Moral Of The Story The World Hates You And That's Just How It Is (Lyrics)

BERUSSA PİLATES LIFE STYLE TV8,5'TA.

BERUSSA PİLATES LIFE STYLE TV8,5'TA.

Top 40 Cheap Luxury Living Room Decor Ideas With Black Sofa | Best Interior Design Tour 2018

Top 40 Cheap Luxury Living Room Decor Ideas With Black Sofa | Best Interior Design Tour 2018

REDUCE HIP DIPS With This Intense 14 Day Challenge | Rounder Hips and Side Booty Workout | At Home

REDUCE HIP DIPS With This Intense 14 Day Challenge | Rounder Hips and Side Booty Workout | At Home

How to Describe the Required Rate of Return on Capital Investment for a Company

How to Describe the Required Rate of Return on Capital Investment for a Company

Witcher 3 - But Other Than That, How Did You Enjoy The Play ?

Witcher 3 - But Other Than That, How Did You Enjoy The Play ?

Implicit Differentiation

Implicit Differentiation

Writing Lesson Objectives for Classroom Teachers

Writing Lesson Objectives for Classroom Teachers

Ariana Grande - Side To Side (Lyrics) ft. Nicki Minaj

Ariana Grande - Side To Side (Lyrics) ft. Nicki Minaj

Zim Zimma

Zim Zimma

Mudgeeraba to Varsity Lakes upgrade: flythrough video

Mudgeeraba to Varsity Lakes upgrade: flythrough video

Becky Lynch Baby Bump Photo...Vince McMahon Upsets Wife of Ex-WWE Wrestler...Wrestling News

Becky Lynch Baby Bump Photo...Vince McMahon Upsets Wife of Ex-WWE Wrestler...Wrestling News

Thunderstorm, howling wind, and heavy Rain sounds - Manor house ambience [3 hours]

Thunderstorm, howling wind, and heavy Rain sounds - Manor house ambience [3 hours]

LIVE IN THE PRESENT MOMENT | Subliminal Meditation to Stay Present & Grounded

LIVE IN THE PRESENT MOMENT | Subliminal Meditation to Stay Present & Grounded

why pubg died..

why pubg died..

Bubble  Special Radio set 2012

Bubble Special Radio set 2012

The Stress Response- Fight or Flight

The Stress Response- Fight or Flight

A Selecta Film: Mommy and Daddy's Favorite [ENG]

A Selecta Film: Mommy and Daddy's Favorite [ENG]

Oxford Economics Says Indian Economy Recovering Faster Than Expected, Here Are The Factors Behind It

Oxford Economics Says Indian Economy Recovering Faster Than Expected, Here Are The Factors Behind It

The Pretty Reckless - Just Tonight (Official Music Video)

The Pretty Reckless - Just Tonight (Official Music Video)

Sumit Goswami | ARMY | Latest Haryanvi New Song 2020 | Sonotek Live

Sumit Goswami | ARMY | Latest Haryanvi New Song 2020 | Sonotek Live

this rich Minecraft Faction THOUGHT their base was SAFE.. until i noticed this MASSIVE mistake (LOL)

this rich Minecraft Faction THOUGHT their base was SAFE.. until i noticed this MASSIVE mistake (LOL)

How Cheetos Are Made (from Unwrapped) | Food Network

How Cheetos Are Made (from Unwrapped) | Food Network

How to Fix a Duplicate Suspended Google My Business (GMB) Listing

How to Fix a Duplicate Suspended Google My Business (GMB) Listing

Open Mat: UFC 255 Post-Fight breakdown | Figueiredo v Perez, Shevchenko v Maia

Open Mat: UFC 255 Post-Fight breakdown | Figueiredo v Perez, Shevchenko v Maia

Are Premium Tech Products Getting Less Expensive?

Are Premium Tech Products Getting Less Expensive?

Offered Zohar Namaz and participated in the Grand Opening Ceremony  Masjeed E Al Quba  - Part 5

Offered Zohar Namaz and participated in the Grand Opening Ceremony Masjeed E Al Quba - Part 5

Even When

Even When

โครงสร้างประโยค Sentence Structure By Kru Somsri

โครงสร้างประโยค Sentence Structure By Kru Somsri

Jake Bugg - Simple As This

Jake Bugg - Simple As This

Let's Moj || Moj India || Tiktok virals|| Fun packed Entertainment.

Let's Moj || Moj India || Tiktok virals|| Fun packed Entertainment.

Young People

Young People

Hire slowly, fire rapidly

Hire slowly, fire rapidly

GMWA Mass Choir Safety

GMWA Mass Choir Safety

How To Crochet Numbers 8 and 0

How To Crochet Numbers 8 and 0

MAXMAN TABLETS VS. ROBUST EXTREME VIAGRA For MAN PARA SA MATINDING BAKBAKAN

MAXMAN TABLETS VS. ROBUST EXTREME VIAGRA For MAN PARA SA MATINDING BAKBAKAN

Yassuo Reveals More Information About Fedmyster Leaving OfflineTV | OfflineTV Drama

Yassuo Reveals More Information About Fedmyster Leaving OfflineTV | OfflineTV Drama

HIGHEST IN THE ROOM

HIGHEST IN THE ROOM

Dearer to me than anything over which the sun rises.

Dearer to me than anything over which the sun rises.

Lil Wayne on Bloody Mary | Rhyme Scheme

Lil Wayne on Bloody Mary | Rhyme Scheme

We Can Be Heroes starring Priyanka Chopra & Pedro Pascal | Official Trailer | Netflix

We Can Be Heroes starring Priyanka Chopra & Pedro Pascal | Official Trailer | Netflix

10 Signs You Lack Self Love

10 Signs You Lack Self Love

Luckily baby Dax succeed requesting mom for be pacifier, Kindly Daisy be patient for Dax till sleepy

Luckily baby Dax succeed requesting mom for be pacifier, Kindly Daisy be patient for Dax till sleepy

MK11 How to Augment Frost

MK11 How to Augment Frost

Nowadays

Nowadays