Economics Dictionary of ArgumentsHome
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| Optimism Bias - Economics Dictionary of Arguments | |||
| Optimism bias: Optimism bias refers to the tendency of individuals to underestimate the likelihood of negative events and overestimate positive outcomes for themselves. It leads people to believe they are less likely to experience adverse events compared to others, influencing decision-making and risk assessment with an overly positive perspective. See also Decision-making processes, Decisions, Decision theory, Behavior, Behavioral economics._____________Annotation: The above characterizations of concepts are neither definitions nor exhausting presentations of problems related to them. Instead, they are intended to give a short introduction to the contributions below. – Lexicon of Arguments. | |||
| Author | Item | More concepts for author | |
|---|---|---|---|
| Bibas, Stephanos | Optimism Bias | Bibas, Stephanos | |
| Economic Theories | Optimism Bias | Economic Theories | |
| Experimental Psychology | Optimism Bias | Experimental Psychology | |
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Ed. Martin Schulz, access date 2024-04-18 | |||
