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Nico's car breaks down; he is convinced it was a predictable event, although there was no way of knowing it would happen. This exemplifies the hindsight bias.

What is hindsight bias?

Corresponds to a psychological tendency to designate a belief of an individual that relates predictability to events that have already occurred, creating a rationality to their own perspectives, which can generate confusion between real memories, reducing reliability in a past event told through the perspective of an individual.

Some cases where hindsight bias is common are in situations where there is a need for increased accountability, as in the description of historians and judicial systems.

Therefore, the hindsight bias can generate positive consequences, such as increased self-confidence and decision-making, but also negative consequences, such as a decrease in rational thinking in favor of emotional thinking.

Find out more about hindsight bias here:

https://brainly.com/question/5225966

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