TLDR
The Peltzman effect refers to the tendency to take greater risks when perceived safety increases. Risk compensation means that the safer you become personally, the more risks you will be willing to take, in an almost mathematical way. Anchoring Bias’ brothers and sisters: Common source bias, Common Source bias and Conservatism bias. Framing, common source bias and risk compensation are examples of these biases, which I regularly warn my friends and clients about. These biases in no way guarantees success, but are nevertheless a great place to start.via the TL;DR App
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Written by adrien-book | Strategy Consultant | Tech writer | AI writer of the Year | Somewhat French
