Final answer:
People are prone to "impact bias," which involves overestimating the emotional impact of events. This cognitive bias can lead individuals to predict more intense and longer-lasting emotional effects than what typically occurs.
Step-by-step explanation:
People are prone to "impact bias," or overestimating the enduring impact of emotion-causing events. Impact bias is a cognitive distortion where individuals predict that the emotional effects of an event will be more intense and last longer than they actually do. This intersects with other cognitive biases such as the confirmation bias, where individuals seek information that supports their pre-existing beliefs or stereotypes, and the availability heuristic, where people base judgments on the most easily recalled information.