The Overconfidence Bias

question 14

Multiple Choice

The overconfidence bias:

• A) Leads people to have an exaggerated fear of loss
• B) Leads people to overestimate the risks inherent in generating a possible gain
• C) Leads people to unduly fear losses
• D) Leads people to unduly minimize the odds of loss

---

Definitions:

Hormones

Chemical messengers produced by glands in the body, which regulate various physiological processes and behaviors.

Cephalocaudal Pattern

A developmental principle where growth occurs starting from the head (cephalo) and moves towards the feet (caudal), highlighting a directional pattern of physical growth in humans.

Prenatal Development

The progression from conception to birth, marked by growth and development inside the womb.

Arms

Constitutes the upper limbs of the human body extending from the shoulder to the hand, including all the parts within this range.