Human Stupidity
Why Humans Are Terrible at Understanding Risk
People are more afraid of flying than driving, even though driving is dramatically more dangerous per mile traveled. People buy lottery tickets — a tax o…
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Human Stupidity
Human Stupidity
The Availability Heuristic: Why Rare Events Feel Common
After a plane crash receives weeks of saturation news coverage, airline ticket sales drop significantly. After a shark attack makes the front page, beach a…