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Qiaochu_Yuan comments on Useful Concepts Repository - Less Wrong Discussion

32 Post author: Qiaochu_Yuan 10 June 2013 06:12AM

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Comment author: Qiaochu_Yuan 11 June 2013 03:36:49AM 4 points [-]

that one bias that really needs a name where people underestimate mundane risks and overestimate dramatic risks.

Are you distinguishing between this phenomenon and the availability heuristic?

Comment author: satt 13 June 2013 12:24:46AM 0 points [-]

Now you prompt me to reflect on it: yes, I effectively am. The bias with no name is just a special case of the availability heuristic, but it's sufficiently common/salient in my experience that my mind's tacitly upgraded it to the status of a free-standing concept.