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Overconfidence effect

overconfidence
Written by Giovanni

Overconfidence effect means too much power in your brain without reasons

One of the most popular mistakes in life is the- your imagination, that you understand the world and the rule, how the principles of world operate. Psychologists proofs, that most of people think, that they understand all rules. De facto most of people only belive, that they understand the rules of world.  Problem is, that these people have no perception of their unfundet opion – verdict.

 

wiki wrote: The overconfidence effect is a well-established bias in which a person’s subjective confidence in .. judgements is reliably greater than the objective accuracy of those judgements, especially when confidence is relatively high.[1] Overconfidence is one example of a miscalibration of subjective probabilities. Throughout the research literature, overconfidence has been defined in three distinct ways:

(1) overestimation of one’s actual performance;

(2) overplacement of one’s performance relative to others; and

(3) overprecision in expressing unwarranted certainty in the accuracy of one’s beliefs

picturerights: Pixabay CC Didgeman

About the author

Giovanni

Giovanni ist studierter Jurist und Philosoph als Marketingleiter bei einem Mittelständler unterwegs, Geschäftsführer einer Agentur, ehrenamtlicher Sterbebegleiter, zertifizierter Trauerbegleiter, Beirat ITA Institut für Trauerarbeit, Mitgliedschaften: Marketing Club Hamburg, Büchergilde Hamburg, Förderverein Palliativstation UKE, ITA, Kaifu Lodge, Kaifu-Ritter