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More on our overconfidence bias: http://en.wikipedia.org/wiki/Overconfidence_effect http://en.wikipedia.org/wiki/Overconfidence_effect and it's twin brother, c
by hegemonicon 17y ago
More on our overconfidence bias: http://en.wikipedia.org/wiki/Overconfidence_effect http://en.wikipedia.org/wiki/Overconfidence_effect
and it's twin brother, certanity bias: http://scienceblogs.com/cortex/2008/10/the_certainty_bias_1.php http://scienceblogs.com/cortex/2008/10/the_certainty_bias_1....
The human brain just isn't built to handle probabilities very well.