Skip to toolbar

49. Cognitive biases in risk management - Normalcy bias - Alex Sidorenko

Posted: January 29, 2019
Category: Risk management , Video
Comments: 0

The normalcy bias, or normality bias, is a mental state people enter when facing a disaster. It causes people to underestimate both the possibility of a disaster and its possible effects. This may result in situations where people fail to adequately prepare and, on a larger scale, the failure of governments 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, it never will occur. It can result 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.

The opposite of normalcy bias would be overreaction, or "worst-case thinking" bias,[1][2] in which small deviations from normality are dealt with as signaling an impending catastrophe.

https://en.wikipedia.org/wiki/Normalcy_bias

 

Help spread the messages in this guide by sharing it with your colleagues  https://www.researchgate.net/publication/323254437_GUIDE_TO_EFFECTIVE_RISK_MANAGEMENT_30

More information about RISK-ACADEMY, our training courses and services at www.riskacademy.blog

Hey, like this? Why not share it with a buddy?

Related Posts

Leave a Reply

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Upcoming Events

Fri 31

Risk Assessment Training – Live [Dummy Event]

January 31 @ 8:00 am - 10:00 am
Spain
Feb 24

The New Event Risk Assessment Training – Live

February 24 @ 8:00 am - 5:00 pm
Spain

Take a advantage of our highly yearly subscription to access all our courses, webinars, premium content, etc anytime, anyday!

Join Now for Only €350

If you're representing your company, you should definitely go for the Corporate Bundle.

Enroll Your Employees

Recent Posts

49-cognitive-biases-in-risk-management-8211-normalcy-bias-8211-alex-sidorenko-risk-academy-blog

@

Not recently active
%d bloggers like this: