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In psychology, the overestimation effects is the habit of overestimating the rarity of events. It is the act of dismissing the odds of something happening simply because you think the odds are slim to none, or rarely occur. This kind of thinking, rather than using critical thinking, closes the mind and narrows possibilities .

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6mo ago

The overestimation effect in psychology refers to the tendency for people to overestimate the likelihood or frequency of events or characteristics that are particularly salient or memorable. This bias can lead individuals to give more weight to vivid or recent information, even if it is not actually representative of the overall probability of an event occurring.

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Q: What is the overestimation effect in psychology?
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