Describe hindsight bias and overconfidence, and provide examples of each.
Answers
Explanation:
Hindsight bias is a psychological phenomenon in which one becomes convinced that one accurately predicted an event before it occurred. It causes overconfidence in one's ability to predict other future events.
For example, imagine that a person holds a belief that left-handed people are more creative than right-handed people. Whenever this person encounters a person that is both left-handed and creative, they place greater importance on this "evidence" that supports what they already believe.
Answer:
Hindsight bias is a psychological phenomenon that allows people to convince themselves after an event that they had accurately predicted it before it happened. This can lead people to conclude that they can accurately predict other events.
example of hindsight bias is when people are wrong about the outcome of an event, but claim they knew it was going to go the opposite way to which they originally stated.
The overconfidence bias is the tendency people have to be more confident in their own abilities, such as driving, teaching, or spelling, than is objectively reasonable.
examples of overconfidence include: A person who thinks his sense of direction is much better than it actually is. The person could show his overconfidence by going on a long trip without a map and refusing to ask for directions if he gets lost along the way.