Every week during football season, Fred and his friends have fun following the local high-school teams.Before the games, Fred never really talks too much about how the games will turn out.On Monday, however, it is a different scenario altogether.Fred is more than happy to share with his friends that the games came out exactly as he thought they would and why.Fred seems to be demonstrating

Question

Quizplus · Accepted Answer

Fred is exhibiting hindsight bias, by overestimating his ability to predict the outcomes of the games after the fact. He may not have shared predictions before the games because he was uncertain, but after the games he feels more confident in his abilities.

Every Week During Football Season, Fred and His Friends Have