Overconfidence Bias:- Overestimation of One's Knowledge or Abilities Overconfidence bias refers to the psychological effect where one overestimates his or her ability to predict outcomes or even his or her level of expertise in a given area. In retirement planning, overconfidence can cause excessive risk-taking or even poor investment choices, given that individuals may believe that ... https://topcollegesadmission.in/college-list/ba/pune