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The overconfidence effect is a well-established bias in which a person's subjective confidence in their judgments is reliably greater than the objective accuracy of those judgments, especially when confidence is relatively high. [1] [2] Overconfidence is one example of a miscalibration of subjective probabilities.
In social psychology, illusory superiority is a cognitive bias wherein people overestimate their own qualities and abilities compared to others. Illusory superiority is one of many positive illusions , relating to the self , that are evident in the study of intelligence , the effective performance of tasks and tests, and the possession of ...
In other words, research has shown that people are surprisingly poor "intuitive psychologists" and that our social judgments are often inaccurate. [10] This finding helped to lay the groundwork for an understanding of biased processing and inaccurate social perception. The false-consensus effect is just one example of such an inaccuracy. [12]
Overconfidence is a very serious problem, but you probably think it doesn't affect you. That's the tricky thing with overconfidence: The people who are most overconfident are the ones least likely ...
Social comparison bias can occur in people's everyday life. Whether it is on social networking sites, in the media, in society regarding wealth and social status, or in the school system, it can be harmful to one's mental health due to the increasing risks of depression, suicidal ideation, and other mental disorders. [20]
Many behaviors of humans have been observed, investigated and named, and overconfidence is no exception. People who think a little too highly of themselves are known to experience overconfidence bias.
Social interaction has a strong effect on well-being as negative social outcomes are more strongly related to well-being than are positive social outcomes. [9] Childhood traumatic experiences diminish psychological well-being throughout adult life, and can damage psychological resilience in children, adolescents, and adults. [10]
Why You Need to Do Your Research There are other takeaways from this study and others that can have a bearing on how you interpret professional advice and whether or not to act on it. For example: