Overconfidence is ________.
A) the tendency to believe certain outcomes because others believe the same
B) the tendency to search for information that supports one's preconceived beliefs
C) the tendency to believe that our forecasts are better than they truly are
D) the tendency to strongly prefer avoiding losses rather than acquiring gains
E) the tendency to believe that one is less susceptible to risk than others

Question

Quizplus · Accepted Answer

Overconfidence is the tendency to believe that our forecasts or abilities are better than they truly are. This can lead to mistakes and poor decision-making.

Overconfidence Is ________