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Overconfidence Effect
The overconfidence effect is a well-established bias in which a person's subjective ''confidence'' in his or her judgments is reliably greater than the objective ''accuracy'' of those judgments, especially when confidence is relatively high. Overconfidence is one example of a miscalibration of subjective probabilities. Throughout the research literature, overconfidence has been defined in three distinct ways: (1) ''overestimation'' of one's actual performance; (2) ''overplacement'' of one's performance relative to others; and (3) ''overprecision'' in expressing unwarranted certainty in the accuracy of one's beliefs. The most common way in which overconfidence has been studied is by asking people how confident they are of specific beliefs they hold or answers they provide. The data show that confidence systematically exceeds accuracy, implying people are more sure that they are correct than they deserve to be. If human confidence had perfect calibration, judgments with 100% confide ...
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Cognitive Bias
A cognitive bias is a systematic pattern of deviation from norm (philosophy), norm or rationality in judgment. Individuals create their own "subjective reality" from their perception of the input. An individual's construction of reality, not the Objectivity (philosophy), objective input, may dictate their behavior in the world. Thus, cognitive biases may sometimes lead to perceptual distortion, inaccurate judgment, illogical interpretation, or what is broadly called irrationality. Although it may seem like such misperceptions would be aberrations, biases can help humans find commonalities and shortcuts to assist in the navigation of common situations in life. Some cognitive biases are presumably adaptive. Cognitive biases may lead to more effective actions in a given context. Furthermore, allowing cognitive biases enables faster decisions which can be desirable when timeliness is more valuable than accuracy, as illustrated in heuristics in judgment and decision-making, heuristic ...
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Core Self-evaluations
Core self-evaluations (CSE) represent a stable personality trait which encompasses an individual's subconscious, fundamental evaluations about themselves, their own abilities and their own control. People who have high core self-evaluations will think positively of themselves and be confident in their own abilities. Conversely, people with low core self-evaluations will have a negative appraisal of themselves and will lack confidence. The concept of core self-evaluations was first examined by Judge, Locke, and Durham (1997)The concept of core evaluation was first identified by clinical psychologist Edith Packer and presented in her lecture "Understanding the Subconscious" in 1984. https://www.amazon.com/dp/B00ENAPR3S/ and involves four personality dimensions: locus of control, neuroticism, generalized self-efficacy, and self-esteem. The trait developed as a dispositional predictor of job satisfaction, but has expanded to predict a variety of other outcomes. Core self-evaluat ...
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Deepwater Horizon Oil Spill
The ''Deepwater Horizon'' oil spill (also referred to as the "BP oil spill") was an industrial disaster that began on 20 April 2010 off of the coast of the United States in the Gulf of Mexico on the BP-operated Macondo Prospect, considered to be the largest marine oil spill in the history of the petroleum industry and estimated to be 8 to 31 percent larger in volume than the previous largest, the Ixtoc I oil spill, also in the Gulf of Mexico. The United States federal government estimated the total discharge at . After several failed efforts to contain the flow, the well was declared sealed on 19 September 2010. Reports in early 2012 indicated that the well site was still leaking. The ''Deepwater Horizon'' oil spill is regarded as one of the largest environmental disasters in world history. A massive response ensued to protect beaches, wetlands and estuaries from the spreading oil utilizing skimmer ships, floating booms, controlled burns and of oil dispersant. Due to ...
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Space Shuttle Columbia Disaster
The Space Shuttle ''Columbia'' disaster was a fatal accident in the United States space program that occurred on February 1, 2003. During the STS-107 mission, Space Shuttle ''Columbia'' disintegrated as it reentered the atmosphere over Texas, killing all seven astronauts on board. The mission was the second that ended in disaster in the Space Shuttle program after the loss of ''Challenger'' and all seven crew members during ascent in 1986. During the STS-107 launch, a piece of the insulative foam broke off from the Space Shuttle external tank and struck the thermal protection system tiles on the orbiter's left wing. Similar foam shedding had occurred during previous Space Shuttle launches, causing damage that ranged from minor to near-catastrophic, but some engineers suspected that the damage to ''Columbia'' was more serious. Before reentry, NASA managers had limited the investigation, reasoning that the crew could not have fixed the problem if it had been confirmed. W ...
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Space Shuttle Challenger Disaster
On January 28, 1986, the broke apart 73 seconds into its flight, killing all seven crew members aboard. The spacecraft disintegrated above the Atlantic Ocean, off the coast of Cape Canaveral, Florida, at 11:39a.m. EST (16:39 UTC). It was the first fatal accident involving an American spacecraft in flight. The mission, designated STS-51-L, was the tenth flight for the orbiter and the twenty-fifth flight of the Space Shuttle fleet. The crew was scheduled to deploy a communications satellite and study Halley's Comet while they were in orbit, in addition to taking school teacher Christa McAuliffe into space. The latter resulted in a higher than usual media interest and coverage of the mission; the launch and subsequent disaster were seen live in many schools across the United States. The cause of the disaster was the failure of the two O-ring seals in a joint in the shuttle's right solid rocket booster (SRB). The record-low temperatures of the launch had stiffened the r ...
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Sinking Of The Titanic
The sank in the early morning hours of 15 April 1912 in the North Atlantic Ocean, four days into her maiden voyage from Southampton to New York City. The largest ocean liner in service at the time, ''Titanic'' had an estimated 2,224 people on board when she struck an iceberg at around 23:40 (ship's time) on Sunday, 14 April 1912. Her sinking two hours and forty minutes later at 02:20 (ship's time; 05:18 GMT) on Monday, 15 April, resulted in the deaths of more than 1,500 people, making it one of the deadliest peacetime maritime disasters in history. ''Titanic'' received six warnings of sea ice on 14 April but was travelling about 22 knots when her lookouts sighted the iceberg. Unable to turn quickly enough, the ship suffered a glancing blow that buckled her starboard side and opened six of her sixteen compartments to the sea. ''Titanic'' had been designed to stay afloat with four of her forward compartments flooded but no more, and the crew soon realised that the ship ...
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Chernobyl Disaster
The Chernobyl disaster was a nuclear accident that occurred on 26 April 1986 at the No. 4 reactor in the Chernobyl Nuclear Power Plant, near the city of Pripyat in the north of the Ukrainian SSR in the Soviet Union. It is one of only two nuclear energy accidents rated at seven—the maximum severity—on the International Nuclear Event Scale, the other being the 2011 Fukushima nuclear disaster in Japan. The initial emergency response, together with later decontamination of the environment, involved more than 500,000 personnel and cost an estimated 18 billion roubles—roughly US$68 billion in 2019, adjusted for inflation. The accident occurred during a safety test meant to measure the ability of the steam turbine to power the emergency feedwater pumps of an RBMK-type nuclear reactor in the event of a simultaneous loss of external power and major coolant leak. During a planned decrease of reactor power in preparation for the test, the operators accidentally drop ...
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Safety Culture
Safety culture is the collection of the beliefs, perceptions and values that employees share in relation to risks within an organization, such as a workplace or community. Safety culture is a part of organizational culture, and has been described in a variety of ways; notably the National Academies of Science and the Association of Land Grant and Public Universities have published summaries on this topic in 2014 and 2016 . Studies have found that workplace related disasters are a result of a breakdown in an organization's policies and procedures that were established to deal with safety, and that the breakdown flows from inadequate attention being paid to safety issues. A good safety culture can be promoted by senior management commitment to safety, realistic practices for handling hazards, continuous organisational learning, and care and concern for hazards shared across the workforce. Beyond organisational learning, individual training forms the foundation from which to build ...
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Self-efficacy
In psychology, self-efficacy is an individual's belief in their capacity to act in the ways necessary to reach specific goals. The concept was originally proposed by the psychologist Albert Bandura. Self-efficacy affects every area of human endeavor. By determining the beliefs a person holds regarding their power to affect situations, self-efficacy strongly influences both the power a person actually has to face challenges competently and the choices a person is most likely to make. These effects are particularly apparent, and compelling, with regard to investment behaviors such as in health, education, and agriculture. A strong sense of self-efficacy promotes human accomplishment and personal well-being. A person with high self-efficacy views challenges as things that are supposed to be mastered rather than threats to avoid. These people are able to recover from failure faster and are more likely to attribute failure to a lack of effort. They approach threatening situations ...
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Neuroticism
In the study of psychology, neuroticism has been considered a fundamental personality trait. For example, in the Big Five approach to personality trait theory, individuals with high scores for neuroticism are more likely than average to be moody and to experience such feelings as anxiety, worry, fear, anger, frustration, envy, jealousy, guilt, depressed mood, and loneliness. Such people are thought to respond worse to stressors and are more likely to interpret ordinary situations, such as minor frustrations, as appearing hopelessly difficult. People with high scores on the neuroticism index are thought to be at risk of developing common mental disorders ( mood disorders, anxiety disorders, and substance use disorders have been studied), and the sorts of symptoms traditionally referred to as "neuroses". Definition Neuroticism is a trait in many models within personality theory, but there is significant disagreement on its definition. It is sometimes defined as a tendency ...
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Locus Of Control
Locus of control is the degree to which people believe that they, as opposed to external forces (beyond their influence), have control over the outcome of events in their lives. The concept was developed by Julian B. Rotter in 1954, and has since become an aspect of personality psychology. A person's "locus" (plural "loci", Latin for "place" or "location") is conceptualized as internal (a belief that one can control one's own life) or external (a belief that life is controlled by outside factors which the person cannot influence, or that chance or fate controls their lives). Individuals with a strong internal locus of control believe events in their life are primarily a result of their own actions: for example, when receiving exam results, people with an internal locus of control tend to praise or blame themselves and their abilities. People with a strong external locus of control tend to praise or blame external factors such as the teacher or the exam.Carlson, N.R., et al. (20 ...
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Seed Magazine
''Seed'' (subtitled ''Science Is Culture''; originally ''Beneath the Surface'') is a defunct online science magazine published by Seed Media Group. The magazine looked at big ideas in science, important issues at the intersection of science and society, and the people driving global science culture. ''Seed'' was founded in Montreal by Adam Bly and the magazine was then headquartered in New York with bureaus around the world. May/June 2009 (Issue No. 22) was the last print issue. Content continued to be published on the website until its demise in 2012. ''Seed'' was a finalist for two National Magazine Awards in 2007 in the categories of Design and General Excellence (100,000 to 250,000), was the recipient of the ''Utne'' Independent Press Award, and was included in the 2006 Best American Science and Nature Writing anthology published by Houghton Mifflin and edited by Brian Greene. The magazine published original writing from scientists and science journalists. Scientists who ...
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