Carmen was assigned a term paper at the start of her Social Psychology class.She figured it would only take two days to write the paper,so she did not start it until two days before it was due.Halfway through the second day,Carmen was devastated;she wasn't even halfway done yet! Carmen's underestimation of how long it would take her to complete her paper is an example of:

Question

Quizplus · Accepted Answer

Carmen's belief that she could finish the paper in only two days, despite evidence to the contrary, is an example of planning fallacy. This is a common cognitive bias where individuals underestimate how long a task will take to complete and overestimate their own abilities to complete it.

Carmen Was Assigned a Term Paper at the Start of Her