Decision makers, according to the text, often display a tendency toward overconfidence where more trust is put into the occurrence of future events than the data seems to warrant. Further, this overconfidence seems most likely to occur:

Question

Quizplus · Accepted Answer

Overconfidence is more likely to occur in unfamiliar areas because individuals may not have a clear understanding of their limitations or the complexities involved, leading them to overestimate their knowledge or the predictability of outcomes.

Decision Makers, According to the Text, Often Display a Tendency