How Overconfidence Shapes Risk-Taking in Uncertain Times
1. Rethinking Overconfidence: From General Bias to Specific Risk-Taking Behaviors in Uncertain Times Overconfidence is often perceived as a broad cognitive bias that leads individuals to overestimate their abilities or the accuracy of their knowledge. However, in the context of navigating uncertain environments, overconfidence manifests more specifically in risk-taking behaviors that can have profound consequences. […]
