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Defined by Luthans and Carolyn M. Youssef, PsyCap is "an individual's positive psychological state of development and is characterized by: (1) having confidence (self-efficacy) to take on and put in the necessary effort to succeed at challenging tasks; (2) making a positive attribution (optimism) about succeeding now and in the future; (3 ...
Optimism bias or optimistic bias is a cognitive bias that causes someone to believe that they themselves are less likely to experience a negative event. It is also known as unrealistic optimism or comparative optimism. It is common and transcends gender, ethnicity, nationality, and age. [1] Autistic people are less susceptible to this kind of ...
[2] Some research has suggested a pessimistic explanatory style may be correlated with depression [ 3 ] and physical illness . [ 4 ] The concept of explanatory style encompasses a wide range of possible responses to both positive and negative occurrences, rather than a black-white difference between optimism and pessimism.
Dispositional optimism and pessimism are typically assessed by asking people whether they expect future outcomes to be beneficial or negative (see below). [9] The LOT returns separate optimism and pessimism scores for each individual. Behaviourally, [clarification needed] these two scores correlate around r=0.5.
Meta CEO Mark Zuckerberg is among the world’s wealthiest individuals, with a net worth topping $100 billion. While a number of factors explain his success, one might simply be his optimistic nature.
Pessimism, on the other hand, is much more common; pessimists are more likely to give up in the face of adversity or to suffer from depression. Seligman invites pessimists to learn to be optimists by thinking about their reactions to adversity in a new way. The resulting optimism—one that grew from pessimism—is a learned optimism.
Illusory superiority has also explained phenomena such as the large amount of stock market trading (as each trader thinks they are the best, and most likely to succeed), [21] and the number of lawsuits that go to trial (because, due to illusory superiority, many lawyers have an inflated belief that they will win a case).
“Optimism is the fuel driving every fight I’ve been in.” — Kamala Harris. Positive affirmations “You make your own luck.” — Christopher Nolan, "The Dark Knight"