Study Reveals How We Learn to Be Overconfident in Decision Making
The article "Learning to Be Overconfident" explores how people can develop overconfidence in their abilities. The researchers from the University of California, Davis and the University of Pennsylvania studied this by analyzing financial data. They found that individuals tend to become more overconfident as they gain experience in making financial decisions. This suggests that overconfidence is a learned behavior that can be influenced by past successes.