Which of the following offers a way to minimize overconfidence?
A) "thinking fast"
B) "thinking slow"
C) diversification
D) hedging
Correct Answer:
Verified
Q110: The tendency to overrate the accuracy of
Q111: Overconfidence is the:
A)tendency to overrate the accuracy
Q112: People who are overconfident are likely to:
A)overestimate
Q113: Overconfident people tend to _ risks and
Q114: The pitfalls of overconfidence include all of
Q116: Thinking slow is a way to reduce
Q117: In assessing probability, the cost-benefit principle implies
Q118: The tendency to overestimate the frequency of
Q119: Availability bias is the tendency to:
A)assume that
Q120: If attention-grabbing events distort your probability assessments,
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