Behavioural economics suggest that people are frequently overconfident about their abilities.

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Behavioural economists believe that people tend to be overconfident about their abilities, which can lead to poor decision-making and overestimation of their chances for success. This phenomenon is often referred to as the "illusion of control" and can be observed in a variety of contexts, from financial investing to driving a car. By recognizing and accounting for this bias, individuals and organizations can make more informed and rational decisions.

Behavioural Economics Suggest That People Are Frequently Overconfident About Their