The overconfidence bias-people's subjective confidence in their decision making is greater than their objective accuracy.For instance,with experienced investment advisors whose financial outcomes simply depended on luck,"the illusion of skill is not only an individual aberration;it is deeply ingrained in the culture of the industry."

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The Answer of The overconfidence bias-people's subjective confidence in their decision making is greater than their objective accuracy.For instance,with experienced investment advisors whose financial outcomes simply depended on luck,"the illusion of skill is not only an individual aberration;it is deeply ingrained in the culture of the industry."

The Overconfidence Bias-People's Subjective Confidence in Their Decision Making Is