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The illusion of knowledge is a tendency for people to believe A. that their success is attributable to their skill. B. that accuracy of a

  1. The illusion of knowledge is a tendency for people to believe

    A.

    that their success is attributable to their skill.

    B.

    that accuracy of a decision always increases with more information.

    C.

    that they have greater knowledge than other investors.

    D.

    that knowledge is only an illusion.

The illusion of control is a tendency for people

A.

to behave as if they have some influence over the outcome of an uncontrollable event.

B.

to believe that control is just an illusion.

C.

to believe that active decision-making provides a feeling of control.

D.

None of the above.

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