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:

Note Taking Skills

Techniques and strategies for recording information from lectures, readings, or other sources, aimed at enhancing understanding and retention.

Test Anxiety

The nervousness or fear often experienced before or during test situations, which can affect performance.

Memory Techniques

Strategies or methods employed to enhance one's ability to remember information, such as mnemonic devices or the method of loci.

Negative Thoughts

Thoughts that are often pessimistic or diminish one’s self-esteem, potentially leading to negative outcomes in behaviors and emotions.