The Normalcy Bias

[omniknight]

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Stansberry's Investment Advisory


The normalcy bias refers to an extreme mental state people enter when facing a disaster. It causes people to underestimate both the possibility of a disaster occurring and its possible effects. This often results in situations where people fail to adequately prepare for a disaster, and on a larger scale, the failure of the government to include the populace in its disaster preparations. The assumption that is made in the case of the normalcy bias is that since a disaster never has occurred that it never will occur. It also results in the inability of people to cope with a disaster once it occurs. People with a normalcy bias have difficulties reacting to something they have not experienced before. People also tend to interpret warnings in the most optimistic way possible, seizing on any ambiguities to infer a less serious situation.[1]

[peewee_toot]

unsay example ani sir? kanang nahitabo sa pinas...

[AmorsoloX]

naa ko idea unsa. but pwede paki elaborate?

di ni cya parehas anang denial of obvious outcomes?

[peewee_toot]

^^ako sd. naglibog na nuon ko...

[tophat]

history repeats itself.. thats normal and it is not biased.

[peewee_toot]

^^what do you mean? ngano na abot d i ni sa history? please enlighten us...