Base120 · Perspective
Reference Class Framing
Select comparable situations to inform judgment and avoid uniqueness bias
When to use
"Use when making predictions or judgments about a unique situation. Instead of reasoning from the inside (this specific case), find a reference class of comparable situations and use their outcomes as a prior. Counters uniqueness bias."
Example
"Estimating a custom software project — instead of reasoning from the specifics (our team is faster), use the reference class of similar custom software projects (which overrun by 50-100% on average). Adjust from the base rate, not from optimism."
Common misuse
"Dismissing the reference class because this case is different. Every case feels different from the inside; that is why the outside view exists. The question is not whether this case is different but whether the differences are large enough to override the base rate."