overestimation - meaning and definition. What is overestimation
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What (who) is overestimation - definition

Transparency overestimation

overestimation      
Illusion of transparency         
The illusion of transparency is a tendency for people to overestimate the degree to which their personal mental state is known by others. Another manifestation of the illusion of transparency (sometimes called the observer's illusion of transparency) is a tendency for people to overestimate how well they understand others' personal mental states.
estimation         
  • The exact number of candies in this jar cannot be determined by looking at it, because most of the candies are not visible. The amount can be estimated by presuming that the portion of the jar that cannot be seen contains an amount equivalent to the amount contained in the same volume for the portion that can be seen.
PROCESS OF FINDING AN ESTIMATE, OR APPROXIMATION, WHICH IS A VALUE THAT IS USABLE FOR SOME PURPOSE EVEN IF INPUT DATA MAY BE INCOMPLETE, UNCERTAIN, OR UNSTABLE
Overestimate; Estimated; Estimating; Calculated guess; Estimate
(estimations)
1.
Your estimation of a person or situation is the opinion or impression that you have formed about them. (FORMAL)
He has gone down considerably in my estimation.
N-SING: usu with poss
2.
An estimation is an approximate calculation of a quantity or value.
...estimations of pre-tax profits of ?12.25 million.
= estimate
N-COUNT: oft N of n

Wikipedia

Illusion of transparency

The illusion of transparency is a tendency for people to overestimate the degree to which their personal mental state is known by others. Another manifestation of the illusion of transparency (sometimes called the observer's illusion of transparency) is a tendency for people to overestimate how well they understand others' personal mental states. This cognitive bias is similar to the illusion of asymmetric insight.

Examples of use of overestimation
1. The most basic misjudgment was an overestimation of the threat facing the US from radical Islamism.
2. And approximation is a strategy known to produce overestimation." But men and women still lie about love, Brown said.
3. Overestimation, as occured in Iraq, draws criticism and underestimation is carried onto the next case, and the other way around.
4. Looking at the recent experiences of other nations, a number of financial crises occurred due to an overestimation of currency.
5. Kussman said the numbers of people reporting symptoms of stress probably represent a "gross overestimation" of those actually suffering from a mental health disorder.