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What is Overconfident in econimics?
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What is Overconfident in econimics?

User Cyril Jouve
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18 votes

Answer:

< Bestiary of Behavioral Economics. Overconfidence is a common tendency to overestimate one's ability to predict and control future outcomes. It is recognized in psychology as well as economics and has been blamed for countless counterintuitive economic outcomes.

User Martin Meeser
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