Planning Fallacy
5 min read
The planning fallacy is a phenomenon in which predictions about how much time will be needed to complete a future task display an optimism bias and underestimate the time needed.
Cognitive Biases
/ Optimism bias (related)
Tag
prediction
Explore 4 cognitive biases related to this topic.
Impact Bias
5 min read
Overestimating emotional impact of future events.
Cognitive Biases
/ Affective Forecasting Error
Focusing Effect
5 min read
Overemphasizing one aspect while ignoring others.
Cognitive Biases
/ Focusing Illusion
Hindsight Bias
3 min read
The "I knew it all along" phenomenon.
Memory Biases
/ Knew-it-all-along effect