The psychology of overconfidence: why excessive self-belief is often a successful strategy in life
Nicoleta Ionescu/Shutterstock People are overconfident, on the whole. Most of us believe we are more intelligent, more skilful or better drivers than the average person. But we can’t all be right. Such beliefs are not harmless. Overconfidence – and the self-deception that drives this excessive self-belief – can contribute to extreme risk-taking, failed businesses, disastrous investments, dangerous driving and political miscalculations. Why then have so many of us retained this trait? According…
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