base rate neglect
ignoring general prevalence when evaluating specific probabilities
“Base rate neglect: assuming a positive test means disease, ignoring that most people are healthy.”
Origin: Latin basis `foundation` + neglectus `disregarded`
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Errors in logical thinking and inference
ignoring general prevalence when evaluating specific probabilities
“Base rate neglect: assuming a positive test means disease, ignoring that most people are healthy.”
Origin: Latin basis `foundation` + neglectus `disregarded`
judging a combination of events as more likely than a single event
“The conjunction fallacy: thinking 'bank teller and feminist' is more likely than just 'bank teller.'”
Origin: Latin coniungere `to join together` + fallacia `deception`
judging probability by similarity to a prototype
“The representativeness heuristic makes people think coin flips should 'look random.'”
Origin: Latin repraesentare `to present again` + Greek heuristikos `inventive`
preferring complete elimination of risk over greater overall reduction
“Zero-risk bias: choosing to eliminate one small risk entirely over reducing a bigger one.”
Origin: Arabic sifr `empty, zero` + Latin risicum `danger`
underestimating the likelihood and impact of disasters
“Normalcy bias kept residents from evacuating despite clear warnings.”
Origin: Latin normalis `made according to rule` + bias
focusing on successes while overlooking failures
“Survivorship bias: studying only successful entrepreneurs, ignoring the many who failed.”
Origin: Latin supervivere `to outlive` + bias from Old French biais
seeing patterns in random data
“The clustering illusion makes people find 'hot streaks' in random basketball shots.”
Origin: Old English clyster `cluster` + Latin illusio `mockery`
judging a decision by its result rather than by the quality of the decision
“Outcome bias: praising a risky bet that paid off despite it being statistically foolish.”
Origin: Middle English out `out` + come + bias
distortion from non-random sample selection
“Surveying only mall shoppers introduces selection bias about consumer behavior.”
Origin: Latin selectio `a choosing` + bias
maintaining beliefs despite contradictory evidence
“Even after the study was retracted, belief perseverance kept the myth alive.”
Origin: Latin perseverantia `steadfastness` from perseverare `persist`
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