The durability bias, later renamed impact bias, in affective forecasting refers to the tendency for people to overestimate the length of future feeling states.
In other words, people seem to think that if disaster strikes it will take longer to recover emotionally than it actually does. Conversely, if a happiness happy event occurs, people overestimate how long they will emotionally benefit from it.
Daniel Gilbert theorized this bias, and proposed the name change to refer more broadly to all forms of emotional "impact", including durability as well as intensity, and the rate of ascension and descension.
See also: list of cognitive biases.
References
- Gilbert, D. T., Pinel, E. C., Wilson, T. D., Blumberg, S. J. & Wheatley, T. P. (1998). Immune neglect: A source of durability bias in affective forecasting. Journal of Personality and Social Psychology, 75, 617-638.