Base Rate Neglect – Cognitive Biases (Pt.9)

Base rate neglect is the tendency to ignore base general information, in favor of specific (new, novel, attention grabbing) information. The base rate neglect is also known as the base rate fallacy. This bias ties into the previous biases I have covered. Please see the bottom of the post for previous biases. If something is generally understood, novel new information […]
Continue reading »