Statements (18)
Predicate | Object |
---|---|
gptkbp:instanceOf |
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
|
https://www.w3.org/2000/01/rdf-schema#label |
planning fallacy
|
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
|