BIAS OF THE WEEK

Optimism Bias

In a study, participants estimated the likelihood of negative events, like burglary or Alzheimer’s, and were then given the average likelihood for those events.

Even after being told the real probability of a negative event was 30%, participants still didn’t change their optimistic 10% estimate. 

However, when their estimate was more pessimistic, they did adjust more closely toward the real probability.

We tend to be optimistic in predictions of future events: project deadlines, salary, and positive and negative events.

See the full study here :

Sharot, T. (2011). The optimism bias. Current Biology, 21(23), R941–R945. https://doi.org/10.1016/j.cub.2011.10.030

 

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