Join us in this thoughtprovoking exploration of the Availability Heuristic, a cognitive bias affecting our daily decisions. Discover reallife examples of its influence on education, career choices, relationships, and finances. Learn how to overcome its potential drawbacks by developing awareness and critical thinking strategies. Elevate your decisionmaking process and improve your life by gaining insight into this fascinating psychological phenomenon. Don't let cognitive biases limit your potential – watch now!
00:00 The availability trap and lottery
01:09 What is the availability heuristic
02:01 The risks of availability bias
02:26 Why are we affected by bad news?
03:04 The availability trap in important decisions
03:44 The availability heuristic in relationships
04:45 The availability heuristic in financial decisions
05:46 The availability heuristic in education and career path
06:54 How to overcome the availability heuristic?