Recency bias

Recency bias - Inappropriately favouring more recent events or observations over more historical data. 

The data obtained are subject to a number of biases, including confidence bias, hindsight bias, judgment bias, political bias, and recency bias. Incident reporting systems are typically expensive to set up and run. The ASRS, for example, spends approximately 3 million per year analyzing around 30,000 reports. 

Recency bias A tendency to pay more attention to data that are recent and easy to recall. The recent history of very favorable climbing weather overshadowed the known probability of violent storms. 

Recency. Fildes and Goodwin also found that overoptimism tends to lead to erroneous positive adjustments, while negative adjustments are based on more realistic expectations. Finally, they found a bias toward recency—that is, emphasizing the most recent history while treating the more distant past as bunk. This focus on recency tended to undermine the process of statistical forecasting. 

Recency is the tendency to rely on those data that are most readily available (e.g., most salient or recent) and therefore easiest to remember, while neglecting less readily available data. Availability bias and anchoring are the most frequent biases at work in hectic, high-pressure environments such as the emergency room. ... 

Ask yourself what forms the basis of your assessment. Do you have valid and applicable data, or are you acting on recency, selective perception, or status quo bias Are you confusing facts and values ... 

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