Bundle: Loose-leaf Version for Psychology in Modules 11e & LaunchPad for Myers' Psychology in Modules 11e (Six Month Access)
Bundle: Loose-leaf Version for Psychology in Modules 11e & LaunchPad for Myers' Psychology in Modules 11e (Six Month Access)
11th Edition
ISBN: 9781319017040
Author: David G. Myers, C. Nathan DeWall
Publisher: Worth Publishers
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Chapter 2, Problem 1TYS
Summary Introduction

Concept introduction: Hindsight bias is the tendency of the individual (known as the I-knew-it-all-along phenomenon) to believe that the outcome was foreseen after the outcome is known.

Expert Solution & Answer
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Answer to Problem 1TYS

Correct answer: Hindsight bias “refers to our tendency to perceive events as obvious or inevitable after the fact.”

Explanation of Solution

Hindsight bias is seen in young and old. Hindsight bias is where the individual perceives that the outcome was already known after knowing the outcome. Hindsight bias often leads to unwanted judgments and leads to overconfidence.

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Chapter 2 Solutions

Bundle: Loose-leaf Version for Psychology in Modules 11e & LaunchPad for Myers' Psychology in Modules 11e (Six Month Access)

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