Which of the Following Strategies Might Be Helpful in Reducing

question 11

Multiple Choice

Which of the following strategies might be helpful in reducing the overconfidence bias?

• A) Get people to think about why their judgments might be wrong.
• B) Delay feedback regarding the accuracy of their judgments.
• C) Inform people about the overconfidence bias.
• D) Tell people that there is no remedy for the overconfidence bias.

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Definitions:

Positive Feedback

A process in which an initial change leads to further changes that reinforce the initial one, often leading to amplification of the effect.

Dams

Structures built across rivers or streams to restrict the flow of water, typically for the purposes of water storage, flood management, or electricity generation through hydropower.

Inexpensive

Items or services that are low in cost, making them accessible to a wide range of consumers.

Desalination

The process of removing salt and other minerals from seawater to produce fresh water suitable for human consumption or irrigation.