The belief that, after an event has occurred, one could have predicted it if asked to do so is referred to as the overconfidence error.

Name: The belief that, after an event has occurred, one could have predicted it if asked to do so is referred to as the overconfidence error.
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This belief is referred to as hindsight bias, not the overconfidence error. Hindsight bias is the tendency to believe, after an event has occurred, that one would have predicted or expected the outcome.

The Belief That, After an Event Has Occurred, One Could