{"id":18698,"date":"2023-09-08T11:40:42","date_gmt":"2023-09-08T11:40:42","guid":{"rendered":"https:\/\/mastermindcontent.co.uk\/?p=18698"},"modified":"2023-08-25T12:04:24","modified_gmt":"2023-08-25T12:04:24","slug":"everything-you-need-to-know-about-the-availability-heuristic","status":"publish","type":"post","link":"https:\/\/mastermindcontent.co.uk\/everything-you-need-to-know-about-the-availability-heuristic\/","title":{"rendered":"Everything You Need to Know About the Availability Heuristic"},"content":{"rendered":"

In this article, we explore how the availability heuristic works and take a look at its benefits and pitfalls.<\/h3>\n

We make a lot of decisions every day. Our decisions range from simple matters such as what to wear to more complex matters like attempting to determine why a particular incident happened. (This is where an understanding of esoteric symbolism<\/span><\/a> pays dividends). \u00a0<\/span><\/p>\n

But ordinarily, the brain has limits. The conscious mind is only capable of processing a small amount of information at any one time.\u00a0<\/span><\/p>\n

So when you are faced with a complex situation, your brain may not have the capacity to consider all the variables, available information and possible alternatives.\u00a0<\/span><\/p>\n

This can lead us to make important life decisions without a clear vision or path. Whilst this is not inherently a bad thing, it can sometimes mean that we set off in the direction in the first place.<\/p>\n

One way of avoiding poor choices is a technique known as heuristics. The process behind this decision-making strategy makes the judgment process easier and more intuitive (Tversky & Kahneman, 1974<\/span><\/a>).\u00a0<\/span><\/p>\n

The availability heuristic technique creates a shortcut that you can use to assess the likelihood of an event. The assessment is based on how quickly and easily examples come to mind.\u00a0<\/span><\/p>\n

\"Self<\/p>\n

Because of how the brain works, when you remember something effortlessly, it must be important and happen frequently. Whilst this can be a useful tool for making quick judgments, it often leads to poor decisions. The reason for this is that memory recall is a habitual program.\u00a0<\/span><\/p>\n

The goal of heuristics is to override the habitual program and drop deeper into the unconscious where your intuition resides.\u00a0<\/span><\/p>\n

The main benefit of the availability heuristic is it allows you to assess risk and make decisions quickly and easily (Pachur et al., 2012<\/span><\/a>). As mentioned above, sometimes you just don\u2019t have the time or resources to gather enough information to evaluate fully.\u00a0<\/span><\/p>\n

Troubleshooting The A<\/b>vailability Heuristic<\/h2>\n

The availability heuristic provides a foundation to draw conclusions fast, thus freeing up your mind to focus on other things. It simplifies complex decisions so you can take timely action.\u00a0<\/span><\/p>\n

However, ease of memory recall is often a poor guide for judging risk. Memories that are recent, unusual, or have an emotional component stand out.\u00a0<\/span><\/p>\n

But this doesn\u2019t necessarily mean these types of events happen frequently. So it\u2019s easy to see how this can lead to bias, errors in judgment, and poor decisions. Here are a few examples of what can happen:<\/p>\n