Penny is a smoker. Although she has heard of the data linking smoking to lung cancer and emphysema, she does not feel concerned. Penny's belief that she will not get sick is an example of:
A) the availability heuristic.
B) the representativeness heuristic.
C) the overconfidence phenomenon.
D) hindsight bias.

Question

Quizplus · Accepted Answer

Penny's belief that she will not get sick despite the known risks of smoking is an example of the overconfidence phenomenon, which is the tendency to overestimate one's abilities or knowledge in certain situations.

Penny Is a Smoker