Question

If you stop and take the time to ask yourself if you are being realistic about

your skills, perceptions, and judgements, you are more likely to avoid which
bias?
hindsight bias
escalation of commitment
overconfidence bias
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Answer 1

The correct answer is Overconfidence bias

Step-by-step explanation:

Overconfidence bias is the result of an excessive and unrealistic estimation of one's skills, knowledge, ideas, etc even to the point the individual considers himself better than others or does not have an objective perception about himself. This type of bias can lead to negative consequences, for example, by overestimating his ability to pass a test a student might choose not to study at all and then fail the test. Moreover, this can be avoided by assessing realistically one's skills, judgments, etc. According to this, the type of bias that can be avoided is overconfidence bias.