What Is the Root (Or Essence) of the Planning Fallacy

question 13

Multiple Choice

What is the root (or essence) of the planning fallacy?

• A)Overconfidence
• B)Unreliable information
• C)Too much emphasis on the base rate
• D)Complacency
• E)Lack of confidence

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Definitions:

Participatory Support

Assistance or backing that involves active involvement and contribution from all members of a group or community.

Working-family Schedules

The arrangement and allocation of work hours and commitments tailored to accommodate the needs and responsibilities of family life.

Asset-based

An approach that focuses on the strengths and potentials of individuals or communities, rather than their deficits.

Family-centered

An approach or practice that places the family at the center of decisions and planning, emphasizing the importance of family in an individual's life.