One of the biases that has been proposed by Kahneman and Tversky and researched a great deal is the Availability bias. What is the Availability bias? How might it play a role in the decision in assignment two?

One of the biases that has been proposed by Kahneman and Tversky and researched a great deal is the Availability bias. What is the Availability bias? How might it play a role in the decision in assignmnt two? Consider that the estimated probabilities for both of the High NPV future states are relatively high (0.50 […]