Question: Define optimism bias and overconfidence bias. What is the difference between the two? Have you ever encountered these cognitive biases from your personal finance experience

Define optimism bias and overconfidence bias. What is the difference between the two? Have you ever encountered these cognitive biases from your personal finance experience or work experience? Can you share it with us?

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i Optimism bias is a cognitive bias where individuals believe that they are less likely to ... View full answer

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