Availability bias is a tendency to estimate the probability of an event based on whatever evidence about that event pops into your mind, without taking into account the ways in which some pieces of evidence are more memorable than others, or some pieces of evidence are easier to come by than others. This bias directly consists in considering a mismatched data set that leads to a distorted model, and biased estimate.
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This post is part of the Rerunning the Sequences series, where we'll be going through Eliezer Yudkowsky's old posts in order so that people who are interested can (re-)read and discuss them. The previous post was Absurdity Heuristic, Absurdity Bias, and you can use the sequence_reruns tag or rss feed to follow the rest of the series.
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