Which of the following describes the tendency for people to be too optimistic about their abilities?
A)overconfidence bias
B)availability bias
C)escalation of commitment
D)heuristical fallacy
E)bounded discretion

Question

Quizplus · Accepted Answer

Overconfidence bias refers to the tendency for individuals to be overly confident in their abilities, knowledge, or judgments, leading them to overestimate their chances of success or underestimate their risks of failure. This bias can result in poor decision-making and performance outcomes.

Which of the Following Describes the Tendency for People to Be