When decision makers tend to think they know more than they do or hold unrealistically positive views of themselves and their performance, they are exhibiting ________.
A) self-serving bias
B) immediate gratification bias
C) the anchoring effect
D) overconfidence bias

Question

Quizplus · Accepted Answer

Overconfidence bias occurs when decision makers overestimate their knowledge or abilities, leading to overly optimistic views of themselves and their performance.

When Decision Makers Tend to Think They Know More Than