Statements (18)
| Predicate | Object |
|---|---|
| gptkbp:instanceOf |
gptkb:cognitive_bias
|
| gptkbp:defines |
The tendency to underestimate the time, costs, and risks of future actions and overestimate the benefits.
|
| gptkbp:describedBy |
gptkb:Amos_Tversky
gptkb:Daniel_Kahneman |
| gptkbp:effect |
cost overruns
project delays missed deadlines |
| gptkbp:example |
underestimating time to complete a project
|
| gptkbp:firstDescribed |
1977
|
| gptkbp:opposedBy |
gptkb:reference_class_forecasting
|
| gptkbp:publishedIn |
gptkb:Psychological_Review
|
| gptkbp:relatedTo |
overconfidence effect
optimism bias |
| gptkbp:studiedIn |
behavioral economics
psychology |
| gptkbp:bfsParent |
gptkb:Hofstadter's_Law
|
| gptkbp:bfsLayer |
6
|
| https://www.w3.org/2000/01/rdf-schema#label |
planning fallacy
|