Possibility Effect

One concept. Four tiers of command. Which do you speak?

Category: Cognition

Foundational Lexiconlongshot appeal
Executive Parlancelow probability overweight
Scholarly Discourserare event overvaluation
Babel ZenithPossibility Effect
Origin: Prospect Theory

Etymology & Meaning

Overweighting outcomes with low probability.

In the Boardroom

Why people buy lottery tickets.

Begin Your Ascent Master “Possibility Effect” and 100+ executive concepts. Free executive vocabulary audit — takes 3 minutes.

← Explore the full Executive Glossary