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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
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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 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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