Normalcy bias
Tendency for people to believe that things will always function the way they normally have functioned and therefore to underestimate both the likelihood of a disaster and its possible effects
Nº Q7051842 ★★★
Rare · History
Normalcy bias
Tendency for people to believe that things will always function the way they normally have functioned and therefore to underestimate both the likelihood of a disaster and its possible effects
Normalcy bias, or normality bias, is a cognitive bias which leads people to disbelieve or minimize threat warnings. Consequently, individuals underestimate the likelihood of a disaster, when it might affect them, and its potential adverse effects.
Last price
—
Floor price
—
7-day median
—
30-day sales
0
30-day range
—
In circulation
0
Price history
median
low – high
sales
No sales in this period
Show table
| Date | median | Low | High | sales |
|---|
Sales history
- Last sale
- —
- 30-day average
- —
- 30-day low
- —
- 30-day high
- —
- Sales 7d
- 0
- Sales 30d
- 0
No sales yet.
Anonymous sales: no buyer or seller shown. Figures count player-to-player sales only.
From Wikipedia
Normalcy bias, or normality bias, is a cognitive bias which leads people to disbelieve or minimize threat warnings. Consequently, individuals underestimate the likelihood of a disaster, when it might affect them, and its potential adverse effects. The normalcy bias causes many people to prepare inadequately for natural disasters, market crashes, and calamities caused by human error. About 80% of people reportedly display normalcy bias during a disaster. The normalcy bias can manifest in response to warnings about disasters and actual catastrophes. Such events can range in scale from incidents such as traffic collisions to global catastrophic risk. The event may involve socially constructed phenomena such as loss of money in market crashes, or direct threats to continuity of life: as in natural disasters like a tsunami or violence in war. Normalcy bias has also been called analysis paralysis, the ostrich effect, and by first responders, the negative panic. The opposite of normalcy bias is overreaction, or worst-case scenario bias, in which small deviations from normality are dealt with as signals of an impending catastrophe.
Text: Wikipédia, CC BY-SA 4.0. ·