In social psychology, the "belief that one's own project will proceed as planned, even while knowing that the vast majority of similar projects have run late" is known as the ____.
A) planning fallacy
B) hourglass bias
C) Zeigarnik effect
D) capacity to delay gratification

Question

Quizplus · Accepted Answer

The planning fallacy refers to the tendency for individuals to be overly optimistic about the time it will take to complete a future task or project, despite evidence to the contrary. This bias often results in delays and underestimation of the resources needed to complete the task.

In Social Psychology, the "Belief That One's Own Project Will