The Overconfidence Bias
Despite our tendency to overestimate our abilities and knowledge, research shows that we're often not as skilled or knowledgeable as we think we are. This cognitive bias, known as the overconfidence bias, can lead to poor decision-making and inflated self-assessments, hindering our ability to learn and grow.
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Similar ideas to The Overconfidence Bias
Managing the overconfidence bias
- Embrace meta-rationality. Know the limits of your own understanding, know when to consult experts, which experts to defer to, and when to admit that something is impossible for anyone to know.
- Allow for uncertainty. Confident statements seem more p...
The Impact Bias
It's present when we tend to overestimate the length or intensity of happiness that major events will create. The Impact Bias is one example of affective forecasting, which is a social psychology phenomenon that refers to our generally terrible ability as humans to predict our future emoti...
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