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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?


To: Elroy Jetson who wrote (131373)3/4/2017 7:58:47 PM
From: bart13  Read Replies (1) | Respond to of 218131
 
An availability cascade is a self-sustaining chain of events, which may start from media reports or a relatively minor event and lead up to public panic and large-scale government action. On some occasions, a media story about a risk catches the attention of a segment of the public, which becomes aroused and worried. This emotional reaction becomes a story in itself, prompting additional coverage in the media, which in turn produces greater concern and involvement. The cycle is sometimes sped along deliberately by “availability entrepreneurs”, individuals or organizations who work to ensure a continuous flow of worrying news. The danger is increasingly exaggerated as the media compete for attention-grabbing headlines. Scientists and others who try to dampen the increasing fear and revulsion attract little attention, most of it hostile: anyone who claims the danger is overstated is suspected of association with a “heinous cover-up.” The issue becomes politically important because it is on everyone’s mind, and the response of the political system is guided by the intensity of public sentiment. The availability cascade has now reset priorities. Other risks, and other ways that resources could be applied for the public good, all have faded into the background.

It is not difficult to spot availability entrepreneurs if you apply some of the tips covered above. An increasing percentage of ‘news’ online and on television is reporting on the reactions to ‘news’ and then reactions to reactions, and reactions to reactions to reactions, and having those reactions evaluated by experts, etc. If one could teach oneself to spot such and to identify availability entrepreneurs, one could be spared a lot of time, anguish and potential grief. And one might even wind up being a little bit smarter and happier.