Additional examples are adjusted to the entries in an automated way - we cannot guarantee that they are correct.
Our study provides additional insight into the ways in which providers misestimate risk.
Exploring the time-saving bias: How drivers misestimate time saved when increasing speed.
The time-saving bias describes people's tendency to misestimate the time that could be saved (or lost) when increasing (or decreasing) speed.
"You are fighting fire with fire, so if you just misestimate the benefits versus the risk by a little bit, you could end up doing more harm than good."
On the ancient African savannah, it was actually rational to misestimate your own capacities: a fearsome appearance and bold tactics could intimidate the enemy and help carry the day during lightning raids on enemy camps.