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Timestamps
Intro - 00:00
Definition - 00:02
Example - 00:08
Outro - 00:20

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What is Exaggerated expectation?

Definition:
The tendency to expect or predict more extreme outcomes than those outcomes that actually happen.

Example:
We imagine scenarios that are exaggerated to make sure we are prepared for anything. Similar to loss aversion.

More on mycognitivebiases.com

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What are Cognitive Biases?

A cognitive bias is a systematic error in thinking that occurs when people are processing and interpreting information in the world around them and affects the decisions and judgments that they make.

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