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Overconfidence effect: A cognitive bias - excessive confidence in one's own answers to questions. For example, for certain types of question, answers that people rate as "99% certain" turn out to be wrong 40% of the time.
Overconfidence effect: A cognitive bias - excessive confidence in one's own answers to questions. For example, for certain types of question, answers that people rate as "99% certain" turn out to be wrong 40% of the time.
Answer
Overconfidence effect
Added on
14.12.2009
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Overconfidence , effect , cognitive , excessive , confidence , one's , answers , questions. , certain , types , answers , people , certain" , wrong , time.
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