Finance & investing
Investors tend to classify financial instruments faster and more confidently when they match prototypical examples — treating a tech startup as a 'risky investment' instantly while struggling to categorize hybrid instruments like convertible bonds, leading to slower or less accurate risk assessments for atypical assets.
Medicine & diagnosis
Clinicians diagnose conditions faster when patients match the textbook prototype of a disease (e.g., a classic heart attack presentation) but may miss or delay diagnosis when symptoms present atypically, disproportionately affecting women, younger patients, and minority groups whose presentations deviate from the prototype taught in medical school.