The tendency to overestimate the accuracy of our knowledge and judgments is called <u>Overconfidence</u>.
The overconfidence effect is a well-established bias in which subjective confidence in one's judgment is consistently greater than objective accuracy, especially when confidence is relatively high. Overconfidence is an example of subjective probability misadjustment.
Throughout the research literature, overconfidence is defined in three different ways by him. About the placement of one's performance in relation to others. Excessive accuracy in expressing undue confidence in the accuracy of one's beliefs.
The most common way to study overconfidence is to ask how confident you are about a particular belief or answer you hold. The data show that confidence systematically outweighs accuracy.
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Answer:
The answer is C. The Invasion of Poland
I belive it 20 years of age
Answer:Michelle is using RATIONALISATION to minimize
Explanation:
Rationalization is a defence mechanism in which we try to give a rational or logical explanation of a situation in order to escape the real meaning of it or justify an action , this is done so that we can tolerate a situation or make it look better than it is hence we will not feel worse about it.
Michelle is trying to convince herself that her husband isn't cheating which will calm her cause if she were to explain all these cues in the exact way that they seem to indicate it may be devastating for her so to make this matter tolerable for herself she would rather find a logical explanation that would make her feel better.
The decisions you make can affect the way company's put out items. This is called Supply and demand. If consumers don't want to buy something from a company the demand comes down. Thus, the supply coming down. But, if consumers want something very bad. Then supply and demand come up.
