Which of the following refers to cases in which people's subjective confidence in their judgments is greater than their objective accuracy?
A)Overconfidence bias
B)Illusory correlation
C)Framing effect
D)Hindsight bias
E)None of the above

Question

Quizplus · Accepted Answer

Overconfidence bias is when individuals have a higher belief in their own abilities or judgments than is justified by their actual performance or accuracy. This bias leads people to overestimate their knowledge, underestimate risks, and overrate their ability to control events.

Which of the Following Refers to Cases in Which People's