3 ms·
I am reminded of this topic of availability cascade in Kahneman's Thinking Fast and Slow: "An availability cascade is a self-sustaining chain of events, which
by tmaly 6y ago
I am reminded of this topic of availability cascade in Kahneman's Thinking Fast and Slow:
"An availability cascade is a self-sustaining chain of events, which may start from media reports of a relatively minor event and lead up to public panic and large-scale government action. On some occasions, a media story about a risk catches the attention of a segment of the public, which becomes aroused and worried. This emotional reaction becomes a story in itself, prompting additional coverage in the media, which in turn produces greater concern and involvement. The cycle is sometimes sped along deliberately by 'availability entrepreneurs,' individuals or organizations who work to ensure a continuous flow of worrying news. The danger is increasingly exaggerated as the media compete for attention-grabbing headlines."