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Judging the probability of an event by its similarity to stereotypes rather than actual statistical information

Overestimating the likelihood of one's success and underestimating risks

Overvaluing items one already owns compared to equivalent items one does not own

Avoiding situations that are likely to require reparations for past harm

The refusal to plan for, or react to, a disaster which has never happened before

Making a decision based on the first piece of information encountered or what comes to mind quickly

Avoiding risk when a positive frame is presented but seeking risks when a negative frame is presented

Continuing on a failing course of action due to the significant time, money, or resources already invested

Estimating probabilities based on how easily relevant instances come to mind

Choosing the default option because changing it requires effort

Choosing an option that partially solves a problem but is fast and easy, rather than the best possible solution

Sticking with one's initial beliefs even after new information shows the beliefs might be incorrect

The tendency to copy the actions of others in an attempt to undertake behavior in a situation of uncertainty or ambiguity

The inclination to change one's answers when evaluating the same information from a different perspective