overconfidence in decision making
Overconfidence in decision making refers to a cognitive bias in which individuals believe their judgments and decisions are more accurate and reliable than they actually are, leading to an unwarranted sense of certainty and an increased risk of making errors or poor choices.
Requires login.
Related Concepts (1)
Similar Concepts
- bias in decision-making
- biased decision making
- biases in decision making
- cognitive biases and decision-making
- cognitive biases in decision making
- cognitive biases in decision-making
- decision-making bias
- decision-making biases
- difficulties in decision-making
- fear of making decisions
- intuition in decision-making
- overconfidence
- overconfidence bias
- risky decision making
- risky decision-making