Overconfidence in new technologies can influence decision-making

Technological advances in recent decades have transformed most aspects of daily life, and technology now plays a major role in business and society. However, little is known about how perceptions of technology might influence decision-making. Now, University of Missouri researchers have shown that people tend to overestimate the likelihood of new technologies' success; this overconfidence can influence important decisions, such as investment choices.

Read the whole article on Physorg

More from Physorg