A Source of Cognitive Bias Resulting from the Tendency to Overestimate

question 47

Multiple Choice

A source of cognitive bias resulting from the tendency to overestimate one's own ability to control activities and events is known as:

• A)illusion of control and overconfidence bias
• B)systematic errors
• C)representative bias
• D)fundamental attribution error
• E)escalating commitment

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Definitions:

Force-Field Analysis

A management technique developed by Kurt Lewin to analyze the forces for and against a change, helping to identify what needs to be modified for successful implementation.

Change Management

The systematic approach to dealing with change, both from the perspective of an organization and the individual, involving adapting to, controlling, and effecting change.

International American Credibility

The perception of the United States' reliability and trustworthiness on the global stage, affecting its ability to influence international affairs.