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More people seem to fear a snake bite than a dog bite, and yet statistically one is more likely to be bitten by a dog than by a snake. This is because people tend to estimate the probability of an outcome based on how easy the outcome is to imagine. This represents which of the following cognitive biases?
Deference
The respectful submission or yielding to the judgment, opinion, or decision of another.
Private Trial
An ADR method in which a referee is selected and paid by the disputing parties to offer a legally binding judgment in a dispute.
Public Record
Documents or pieces of information that are not considered confidential and are available to the public.
Litigation
involves the process of taking legal action or resolving disputes in court between two or more parties.
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