Similar events

Definition

Similar events refer to occurrences or experiences that share common characteristics or traits.

Related terms

Availability Heuristic:

This is a cognitive bias where people judge the likelihood of an event based on how easily examples come to mind. For example, if you recently saw news reports about shark attacks, you might overestimate the probability of being attacked by a shark while swimming in the ocean.

Vividness Effect: The vividness effect refers to our tendency to give more weight or importance to vivid or memorable information when making judgments or decisions. In this case, we may overestimate the probability of similar events occurring in the future because we remember one particularly vivid experience related to them.

Confirmation Bias:

Confirmation bias is our inclination to seek out and interpret information in ways that confirm our preexisting beliefs or expectations. When it comes to similar events, confirmation bias can lead us to selectively focus on instances that support our belief in their future occurrence without considering contradictory evidence.