overconfidence

oh-ver-KON-fuh-duhnss /ˌəʊ.vəˈkɒn.fɪ.dəns/
nounB2SATGREGMAT
generalacademicbusiness

Excessive belief in one's own capabilities, knowledge, or the accuracy of one's predictions.

Specifically denotes a systematic miscalibration between objective accuracy and subjective subjective certainty.

The story behind the word. Combines the Germanic prefix 'over-' with the Latin 'confidere' (to trust completely—from 'com-' with 'fides' meaning faith). Cognitive psychologists in the 1970s formalized the 'overconfidence effect' after finding people consistently rate their knowledge accuracy at 90% when it is objectively around 60%.

Word relationships

  • hubris: Hubris is arrogant pride inviting tragedy, while overconfidence is a broader cognitive miscalibration of skill or accuracy.
  • presumption: Presumption involves overstepping boundaries, whereas overconfidence focuses on overestimating capabilities.
  • humility: Humility is modest estimation of one's own abilities.
  • underconfidence: Underconfidence is underestimating one's true knowledge or performance capacity.

Commonly confused with

  • optimism: Optimism is a general positive expectation about future events; overconfidence is overestimating one's personal knowledge or control.

Word family

  • overconfident (adjective): Excessively sure of one's abilities or knowledge.
  • overconfidently (adverb): In a manner exhibiting miscalibrated certainty.

Collocations

  • overconfidence bias
  • overconfidence effect
  • extreme overconfidence
  • hubristic overconfidence

Idioms & expressions

  • biting off more than one can chew
  • riding for a fall

Example sentences

  • "Overconfidence among executive leaders frequently results in disastrous corporate acquisitions." Corporate finance research
  • "The overconfidence effect is one of the most consistent patterns found in experimental cognitive psychology." Classic psychology quotation

Memory hook

OVER-confidence is placing your trust way OVER where the facts warrant. Overconfidence = Thinking you know more than you do.

When not to use

Do not confuse healthy self-esteem or earned confidence with toxic, miscalibrated overconfidence.

Fun facts

  • In surveys, over 90% of drivers rate their driving skills as 'above average', a statistical impossibility.

Related words

bias, heuristic

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