Outrageously Funny Word Dictionary :: Fleeciness

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What is the definition of fleeciness? 🙋

👉 Fleeciness is a term used in the field of behavioral economics, specifically in the study of consumer behavior. It refers to the phenomenon where people tend to overestimate their own ability or performance when they are performing well or underestimating it when they are performing poorly. In simpler terms, fleeciness can be described as a tendency for individuals to underestimate their capabilities or perform better than expected, even if that performance is actually at least as good or worse than what was previously thought. This


fleeciness

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