Optimistic bias is the tendency to overestimate

Assignment Help Science
Reference no: EM13840454

Application: Optimistic Bias

Optimistic bias is the tendency to overestimate the chances that something good will happen to you and underestimate the chances that something bad will happen to you. Some researchers propose that positive illusions, another term for optimistic bias, help protect people against negative information and shield them from depression, which may contribute to the glass-half-full disposition. Culture appears to influence the presence and/or intensity of optimistic bias, particularly when comparing Eastern collectivist and Western individualistic cultures. While some aspects of optimistic bias are helpful to judgment, others are not.

To prepare for this assignment:

  • Review the article "Cultural Variation in Unrealistic Optimism". Pay particular attention to the following sections: "Independent Versus Interdependent Construals of Self," "Unrealistic Optimism," and "Concluding Remarks."
  • Review the article "Cultural Variations in Optimistic and Pessimistic Bias". Focus on individualism and collectivism and the general discussion.
  • Think about the influence of culture on optimistic bias.
  • Keeping in mind the information on individualism and collectivism, reflect on how your culture influences your optimistic bias.
  • Consider a situation in which optimistic bias improved the accuracy of your judgment and thus was helpful.
  • Think of a situation in which optimistic bias was detrimental to your judgment, making it inaccurate.

The assignment (1-2 pages):

  • Explain the influence of culture on optimistic bias. Be specific.
  • Explain how your culture influences your optimistic bias. Be sure to include what your culture is.
  • Describe a situation in which optimistic bias improved the accuracy of a judgment you made and explain why it was helpful. Then describe a situation in which optimistic bias lessened the accuracy of a judgment you made and explain why it was detrimental.

Support your Application Assignment with specific references to all resources used in its preparation. You are asked to provide a reference for all resources, including those in the Learning Resources for this course.

Reference no: EM13840454

Questions Cloud

What are the benefits and challenges of an raroc system : Write a three to four page research paper in which you describe an RAROC system for risk management and identify benefits and challenges of an RAROC system. What are the benefits and challenges of an RAROC system
Business and cultural background : Assignment: Imagine you work for a company that does business internationally, so many employees travel all over the world. It is your job to develop a fact sheet for the country you selected that will give the traveler a basic understanding of its e..
Substantial increase in the factor cost of production : Suppose an economy that is initially at full employment faces a substantial increase in the factor cost of production. Discuss (with the aid of aggregate output market and money market diagrams) the short-run effect on output, unemployment, general p..
What happens to the price and quantity of cell phones : As wages increase for Apple Workers, what happens to the price and quantity of iphones? As the price of drone phones decrease, what happens to the price and quantity of iphones? If the government taxes cell phones, what happens to the price and quant..
Optimistic bias is the tendency to overestimate : Optimistic bias is the tendency to overestimate the chances that something good will happen to you and underestimate the chances that something bad will happen to you. Some researchers propose that positive illusions, another term for optimistic bias..
Why is risk capital important to bank of america : Why is risk capital important to Bank of America? What is the relationship between risk capital and Bank of America's ability to remain solvent? What steps does Bank of America take to remain solvent? What additional steps, if any, should Bank of A..
What ways do principles of economics relate to decision : Metro Airlines runs 10 flights per day at a total cost of $50,000, which includes $30,000 in fixed costs for airport fees, airplanes, and the reservation system and $20,000 invariable costs for flight crews, fuel, baggage handlers, and food service
A psychologist using the dsm to help : A psychologist using the DSM to help diagnose a client will use what approach?
Create a wiki page : Create a wiki page. As "scholarly researchers" you face many challenges. Share some of the challenges of conducting your research and how you overcame those challenges

Reviews

Write a Review

Science Questions & Answers

  Long-term care consumers problems

The pros and cons of the implementation of technology in long-term care.

  Complete thenbsp explanations of photosynthesis and aerobic

explain how photosynthesis and respiration are linked in order to provide you with energy from the food you eat.include

  Weapons of mass effect-chemicals biological pathogens-toxins

There are different categories of weapons of mass effect-chemicals, biological pathogens and toxins, radioactive materials, nuclear devices, and nonconventional high-yield explosives. Out of these, biological weapons are used in a terrorism type c..

  Explain the role of plasma concentration

Define therapeutic index and discuss this in relation to Phenytoin, Carbamazepine, Sodium Valproate and Phenobarbitone and explain the role of plasma concentration monitoring in anticonvulsant therapy and be aware of the therapeutic serum concentrat..

  What does this observation tell us about the orbits

We have noted that the planets appear to travel across the sky along the same strip. What does this observation tell us about the orbits of the planet around the Sun

  Explain why pressure and temperature play a critical role

describe why pressure and temperature play a critical role in the stability of gas hydrates. assess the potential for

  Language and the brain

Language and the Brain

  Similarities and differences between planets

Explain how the processes of plate tectonics act to make metals and minerals usable for us.

  Examine the difference between moral distress and moral

topic 1 analyze the difference between moral distress and moral integrity providing one example of each that relates to

  Psychologists follow a code

Psychologists follow a code of ethics that has been developed by the APA. Explain the APA code in regard to research with human subjects. What happens when participants must be misled about the true purpose of the study

  Social manipulation than physaical aggression

Around what age do children begin to regard relational aggression as a more mature form of social manipulation than physaical aggression

  The pros and cons of medical research

Are there any changes that need to be made e.g., medical school structure, government funding, access to medical literature?

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd