Module 0.2 The Need for Psychological Science

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Last updated 2:58 PM on 8/28/24
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4 Terms

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Hindsight bias

the tendency to believe, after learning the outcome, that one would have forseen it—> I knew it all along!

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overconfidence

the tendency to overestimate your knowledge and/or abilty (Gambler’s Fallacy- the tendency to overestimate the occurance of patterns in random data)

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illusion correlation

the tendency to believe that vaiables have a relationship where non exists (ex. supersitions, athlete’s pregame rituals

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