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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 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]
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 ...
Some researchers include a metacognitive component in their definition of the term. In this view, the Dunning–Kruger effect is the thesis that those who are incompetent in a given area, tend to be ignorant of their incompetence, i.e., they lack the metacognitive ability to become aware of their incompetence.
Ambiguity effect; Assembly bonus effect; Audience effect; Baader–Meinhof effect; Barnum effect; Bezold effect; Birthday-number effect; Boomerang effect; Bouba/kiki effect
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.
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:
For example, when getting to know others, people tend to ask leading questions which seem biased towards confirming their assumptions about the person. However, this kind of confirmation bias has also been argued to be an example of social skill; a way to establish a connection with the other person. [9]