Question

Overconfidence refers to the tendency to Group of answer choices cling to our initial beliefs, even though they have been proven wrong. search for information that supports our preconceptions. underestimate the extent to which our beliefs and judgments are wrong. judge the likelihood of an event based on its availability in memory.

Answer 1

Overconfidence refers to the tendency to cling to our initial beliefs, even though they have been proven wrong. It is a cognitive bias that can affect decision-making and problem-solving.

Step-by-step explanation:

Overconfidence refers to the tendency to cling to our initial beliefs, even though they have been proven wrong. It is a cognitive bias that can affect decision-making and problem-solving. When we are overconfident, we are less likely to consider alternative viewpoints or seek out additional information that may challenge our beliefs.

For example, imagine a student who is confident that they have studied enough for a test, even though they have only reviewed a small portion of the material. They may be overconfident in their abilities and not allocate enough time to study the rest of the material, leading to lower scores on the test.

To overcome overconfidence, it is important to be aware of the bias and actively seek out diverse perspectives and information that may challenge our beliefs.

Answer 2

underestimate the extent to which our beliefs and judgments are wrong.

Step-by-step explanation:

Overconfidence effect:-

This effect is the well-established bias effect in which the subjective confidence of the person in his/her judgements is greater than objective accuracy of these judgements when the confidence is high especially. It is an example of the miscalibration of the subjective probabilities.

Hence, the correct option is - underestimate the extent to which our beliefs and judgments are wrong.