overconfidence bias
Overconfidence bias refers to the tendency of individuals to have an unjustifiably high level of confidence in their own abilities or judgments, often underestimating the risks or overestimating their chances of success.
Requires login.
Related Concepts (2)
Similar Concepts
- cognitive bias
- cognitive biases
- cognitive biases in decision making
- cognitive biases in decision-making
- competence overestimation
- confirmation bias
- conformity bias
- hindsight bias
- optimism bias
- overconfidence
- overconfidence effect
- overconfidence in decision making
- overestimation bias
- performance overestimation
- self-perception bias