Although not mentioned in our textbook, do you think underconfidence could also have a bearing on how we make decisions?
Explain & support your answer please.
I do think underconfidence is part of decision making. Unless one has every infallible fact and prediction to use before moving forward, then there has to be hesitation in deciding if one factor is more important than another. Since we cannot have infallible facts and predictions on many situations and people this is a very real position. People are always the ultimate in decision making, as the decision maker and as the cause and affect. ...
A discussion on how underconfidence might affect the decision making process.