Avoiding The Hazards Of Overconfidence
Jul 4th 2008Drug InformationIT / Internet / E-mail
Overestimating one’s abilities can have hazardous consequences. The overconfident investment banker may lose millions on a “can’t-miss” start up or a driver who’s had one too many may insist on making it home in the car. Research has backed up this notion but with one glaring problem: It relies on participants to give accurate reports of their own confidence.
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