10. Overconfidence Bias: - Deepstash
10. Overconfidence Bias:

10. Overconfidence Bias:

People tend to overestimate their own abilities. If you believe you're a better driver than most, you might engage in riskier driving behaviors.

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alexbene

Being an ambivert person, I am too much fond of reading, and always eager to learn.

These cognitive biases and mind traps influence decision-making, perception, and behavior in various aspects of our lives. Recognizing them can help us make more rational and informed choices.

Similar ideas to 10. Overconfidence Bias:

Overconfidence bias

Overconfidence bias

Most people think they know more than they really do.

Researchers showed that people believe they understand familiar manufactured objects much better than they really do. For instance, if you think you understand how a can opener works, try to draw a diagram of a can ...

19. False Consensus Effect:

19. False Consensus Effect:

We overestimate the extent to which others share our beliefs, attitudes, and behaviors. If you're a vegetarian, you might assume that more people are vegetarians than there actually are.

21. Planning Fallacy:

21. Planning Fallacy:

People tend to underestimate the time, costs, and risks of future actions and overestimate the benefits. If you're planning a home renovation, you might expect it to take a few weeks when it ends up taking several months.

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