Überschätzung
Überschätzung is a German word that translates to overestimation or overrating. It refers to the act of assigning a value, importance, or capability to something or someone that is higher than what is objectively warranted. This can manifest in various contexts, from personal judgment to economic forecasting.
In psychological terms, Überschätzung can be linked to cognitive biases. For instance, the Dunning-Kruger effect describes
In finance and economics, Überschätzung is a common concern. Assets or investments may be overvalued, leading