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1. ABase-rate neglect: prior statistical probability is ignored in favour of specific, salient case information
2. BHindsight bias: an outcome is judged to have been predictable only after it has already occurred
3. CAvailability heuristic: perceived frequency is judged by how easily relevant examples come to mind
4. DRepresentativeness heuristic: probability is judged by how closely a case resembles a typical prototype
5. EAnchoring and adjustment: an initial reference value is insufficiently revised when estimating a new value