availability heuristic
C2CEFR level
85/100Rarity: very rare
TechnicalRegister
Estimating the likelihood of an event by how easily examples of it come to mind.
After one high-profile fraud, the availability heuristic pushed the firm to overinvest in controls against a rare risk.
Rarity runs from 0 (a word everyone knows) to 100 (almost never seen outside specialist or literary writing). Level is the word's real difficulty on the CEFR scale, from A1 to C2.
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