Overestimation: meaning, definitions and examples

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overestimation

 

[ ˌəʊvərˌɛstɪˈmeɪʃən ]

Context #1

in psychology

Overestimation refers to the act of estimating or valuing something as being greater than it actually is. It can be a cognitive bias where individuals tend to overestimate their own abilities or the likelihood of a positive outcome.

Synonyms

exaggeration, overstatement, overvaluation

Examples of usage

  • People with overestimation tendencies may take on tasks that are beyond their capabilities.
  • A common example of overestimation is when someone overestimates their chances of winning a lottery.
Context #2

general

Overestimation can also refer to the excessive estimation of the value, worth, or importance of something.

Synonyms

exaggeration, overstatement, overvaluation

Examples of usage

  • The overestimation of the company's assets led to financial mismanagement.
  • Her overestimation of her own popularity caused her to be shocked by the lack of responses to her event.

Translations

Translations of the word "overestimation" in other languages:

🇵🇹 superestimação

🇮🇳 अतिमूल्यांकन

🇩🇪 Überschätzung

🇮🇩 perkiraan berlebihan

🇺🇦 переоцінка

🇵🇱 przecenienie

🇯🇵 過大評価 (かだいひょうか)

🇫🇷 surestimation

🇪🇸 sobreestimación

🇹🇷 aşırı tahmin

🇰🇷 과대평가 (gwadaepyeongga)

🇸🇦 مبالغة في التقدير

🇨🇿 přeceňování

🇸🇰 precenenie

🇨🇳 高估 (gāogū)

🇸🇮 precenjevanje

🇮🇸 ofmat

🇰🇿 асыра бағалау

🇬🇪 გადაჭარბებული შეფასება

🇦🇿 şişirtmə

🇲🇽 sobreestimación

Word origin

The word 'overestimation' is derived from the verb 'overestimate', which originated in the early 19th century. The prefix 'over-' implies excess or beyond, and 'estimate' comes from the Latin 'estimare', meaning to value or assess. The concept of overestimation has been studied in psychology and cognitive science to understand how individuals perceive and evaluate information.

See also: estimate, estimated, estimates, estimating, estimation, estimations, estimator, inestimable, misestimation, overestimate, overestimated, underestimate, underestimated, underestimating, underestimation.