"People are too sure of their own abilities." What can be said about this observation
A)It is at odds with traditional economic theory.
B)It is at odds with evidence from experimental psychology.
C)It supports the idea that people are rational in their decision-making processes.
D)It assumes that people do not act out of self-interest.

Question

Quizplus · Accepted Answer

Traditional economic theory often assumes that individuals are rational and have perfect information, which contrasts with the observation that people may overestimate their abilities.

"People Are Too Sure of Their Own Abilities