planning fallacy

planning fallacy

the tendency to underestimate the amount of time needed to complete a future task, due in part to the reliance on overly optimistic performance scenarios. [identified by Amos Tversky and Daniel Kahneman]

Related Terms

estimation

estimation n. in statistics, the process of approximating a...

suggestion therapy

suggestion therapy a type of psychotherapy in which distres...

TSS

TSS symbol for total sum of squares.

hard psychology

hard psychology a colloquial name for experimental psycholo...

osphresiophilia

osphresiophilia n. an abnormal attraction to odors.

occupational psychology

occupational psychology see industrial and organizational p...

Quick Info

Category Psychology Term
Definitions 1
First Letter P

Browse by Letter

A
B
C
D
E
F
G
H
I
J
K
L
M
N
O
P
Q
R
S
T
U
V
W
X
Y
Z