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The overconfidence effect is a cognitive bias in which a person's subjective confidence in their judgments is reliably greater than the objective accuracy of those judgments, especially when confidence is relatively high.
Catastrophes, Practical implications & Individual differences
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confidence overconfidence people overprecision others correct accuracy effect one judgments subjects knowledge control overestimation overplacement believe one's 100 time overestimate
| Subject | Predicate | Object | Confidence | Src |
|---|---|---|---|---|
| Overconfidence effect | is a | cognitive bias in which a person's subjective confidence in their judgments is reliably greater than the objective accuracy of those judgments | 0.90 | text |
| Overconfidence effect | is a | tendency to overestimate one's standing on a dimension of judgment or performance | 0.90 | text |
| Overconfidence effect | related to Individual differences | Very | 0.60 | section |
| Overconfidence effect | related to Individual differences | People | 0.60 | section |
| Overconfidence effect | related to Overestimation | One | 0.60 | section |
| Overconfidence effect | related to Overestimation | This | 0.60 | section |
| Overconfidence effect | related to Overestimation | Overestimation | 0.60 | section |
| Overconfidence effect | related to Overplacement | Overplacement | 0.60 | section |
| Overconfidence effect | related to Overplacement | This | 0.60 | section |
| Overconfidence effect | related to Overplacement | It | 0.60 | section |
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