Overconfidence is the tendency to put more weight on information that is consistent with the initial beliefs or preferences.

Question

Quizplus · Accepted Answer

Overconfidence refers to the phenomenon where an individual's subjective confidence in their judgments is reliably greater than their objective accuracy, not specifically to the weighting of information consistent with initial beliefs or preferences. That description more closely aligns with confirmation bias.

Overconfidence Is the Tendency to Put More Weight on Information