The overconfidence bias is an example of a failure of:
A) framing
B) meta cognition
C) utility and value calibration
D) effort conservation

Question

Quizplus · Accepted Answer

The overconfidence bias is a cognitive bias that involves an individual's overestimation of their own abilities, performance, level of control, or chances of success. It is considered a failure of meta-cognition, which refers to the processes used to monitor and control one's cognitive processes and abilities. Meta-cognition involves being aware of and understanding one's own thought processes, and a failure in this area can lead to overconfidence.

The Overconfidence Bias Is an Example of a Failure Of