Glossary / Lexicon

Overconfidence phenomenon

Overconfidence phenomenon refers to the tendency to be more confident than correct to overestimate the accuracy of one's beliefs.
Other /More definition:

overconfidence phenomenon refers to the tendency to be more confident than correct to overestimate the accuracy of one's beliefs. The concept of overconfidence is based on a large body of evidence from cognitive psychological experiments and surveys showing that individuals overestimate their own abilites or knowledge as well as the precision of their information.

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