Jack is deciding when he should start an assignment. He predicts it will take him a couple of hours so he decides to leave it until the night before. This is an example of

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This is an example of planning fallacy, which is the tendency to underestimate the time, costs, and risks of future actions while overestimating the benefits. In this case, Jack's prediction of the assignment taking only a couple of hours is likely an underestimation, leading him to delay starting the assignment until the night before.

Jack Is Deciding When He Should Start an Assignment