What is recency bias?
Recency bias is the overweighting the result of more recent events when predicting what will happen in the future.  For example, if I recently experienced a pandemic that dramatically affected my quality of life, I may tend to overestimate the likelihood of another pandemic in the near future.
Below is an instruction that describes a task, paired with an input that provides further context. Write a response that appropriately completes the request.
### Instruction: What is recency bias?
### Input: 
### Response: Recency bias is the overweighting the result of more recent events when predicting what will happen in the future.  For example, if I recently experienced a pandemic that dramatically affected my quality of life, I may tend to overestimate the likelihood of another pandemic in the near future.