More problematic than under-placement

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1. Why, according to research, do people tend to be overconfident in estimating outcomes? Suggest a mechanism for tackling overconfidence.

2. Why do many argue that over-placement is more problematic than under-placement?

3. In what ways is our rationality bounded? Discuss the aspects that are bounded in our judgment and how they are bounded.

Reference no: EM132229776

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