Hindsight bias refers to the tendency to overestimate one's ability to have foreseen or predicted an outcome after the event has occurred. Option A refers to fundamental attribution error, not hindsight bias. Option C refers to self-serving bias, and option D refers to the opposite of self-serving bias, known as modesty bias.

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Hindsight Bias Is

Question 57

Multiple Choice

Hindsight bias is:

A) the tendency, in individualistic cultures, to explain the behavior of other people by attributing their behavior to internal, personal characteristics.
B) the tendency, after an event has occurred, to overestimate one's ability to have foreseen or predicted the outcome.
C) the tendency to take credit for our successes by attributing them to internal personal causes.
D) the tendency in collectivistic cultures to blame ourselves for our failures, while downplaying our successes.

Correct Answer: