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THINKING FAST AND SLOW - Commented Book
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The Available Cascade in Public Policy
Lawmakers and regulators may be overly responsive to the irrational concerns of citizens. The importance of an idea is often judged by the fluency and emotional charge with which that idea comes to mind. An availability cascade is a self sustaining chain of events which may start from media reports of a relatively minor event and lead up to public panic and large scale government action.
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