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Optimism Bias and Belief Updating

Anneli Jefferson I'm Anneli Jefferson , Visiting Research Fellow at King's College London, and I'm interested in philosophy of psychology and ethics, particularly in issues at the intersection of these two fields. People tend to systematically overestimate their own abilities and their likelihood of positive future outcomes and to underestimate the likelihood of negative outcomes. Most commonly, this optimism bias is measured at a group level. While it is clear that some people must be making overly optimistic judgments if, for example, 70% of people asked think that they are less likely than their peers to experience a car accident, it can be difficult to tell which individual person’s outlook is actually unrealistically optimistic. In a recent study , Sharot et al. used an update paradigm to measure the optimism bias at the individual level. Participants were asked to rate their likelihood of experiencing various negative events and were subsequently confronted wi...