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Our minds are not evolved to do base rate computation.
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And so, any problems involving base rate computation,
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including real world problems,
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like what to do when you come back with a positive test,
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we screw up.
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And often we screw up in the direction of panic.
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The third bias is the "availability bias."
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And this is simply that
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if you want to know how frequent something is,
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how available it is to come to mind is an excellent cue.
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But this could lead to mistakes.
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A classic example by Kahneman and Tversky