Studies of ____________________ show that our expectations for the future are vastly positive even though we know we have made mistakes in the past.

Question

Quizplus · Accepted Answer

The overconfidence phenomenon refers to our tendency to overestimate our abilities and the likelihood of positive outcomes, even when evidence suggests otherwise. This includes our expectations for the future, even though we may have made mistakes in the past. This phenomenon has been studied extensively in psychology and has implications for decision-making and risk-taking behaviors.

Studies of ____________________ Show That Our Expectations for the Future